Industry Trends and Predictions for 2018 – from COMMERCE – the Business of New Jersey – publication
Published on February 28, 2018
THE PACE OF CHANGE IS MAKING success a moving target, and businesses are working hard to thrive in this environment. For 2018, agile companies will be put to the test as a new administration in Trenton and federal tax policy may change the rules of the game, making smart decisions key factors in performance metrics. Here are some industry trends and predictions for 2018.
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Next Generation Services LLC
By Jaime Raskulinecz, CEO
We’re expecting Millennials to take a lot more interest in their self-directed IRAs, 401(k)s and other retirement plans, compared to the Baby Boomers. We’re also cautiously optimistic that the tax benefits of retirement plans will not be seriously affected by the current discussions between the White House and Congress. Our firm, which opened in 2004, currently holds almost $600 million in assets for clients. In 2017, we formed a trust company, so all custody of clients’ assets is by our affiliated company, offering a more seamless experience for clients.