Field Team in Mercer Men’s League

Looking for Outlet to Play in COVID-19 Summer, PHS Soccer Alums Enter Team in Mercer League It has become a summer tradition for Princeton High boys’ soccer alums to meet up when they are back in town for some spirited pickup games and camaraderie. “Over the summer whenever we are home, we will always get together and have a couple of beers and kick around,” said former PHS soccer standout Chase Ealy ’15. “We hang out and get to see each other again.” But with the COVID-19 limiting field availability, “We know these guys from our high school days and our college days,” said Ealy, the manager of the Wanderers. “It is always fun, the mental ity is right.” After playing against the Young Guns on August 3, Ealy was all smiles even though the Wanderers trailed 2-0 before the game was postponed at halftime due to thunderstorms. “It is great to be out here, it is competitive,” said Ealy, a defender/midfielder. “We falling 2-0 to Bordentown in the quarterfinals in their debut campaign, Ealy is hoping that the squad will be an annual fixture in the MCAMSL. “We would love to keep playing on the league,” said Ealy, who played college soccer at Rider and Montclair State. “One of the things that made me really happy about this team is the young guys who are getting out here this year like Seb Ratzan and 25 • TOWN TOPICS, PRINCETON, N.J., WE d NES day, augu ST Ealy and his buddies decided to enter a team in the Mercer County Amateur Master Soccer League (MCAMSL). want to compete out here and we want to win games but ultimately we are out here to enjoy each other’s Atticus Lynch. As guys get older and we can’t make it one year, we can tell Seb, you are in charge of the 19, 2020 “We were having a really hard time finding somewhere to play casually so we said ‘you know what, this company again and play ball. Even when it is competitive in there, we are still having a couple of laughs.” Wanderers this year. It is a nice thing we can pass on.” In Ealy’s view, though, the nicest thing about joining league already exists, why With a roster including the league was the chance to don’t we see if we can play such former PHS standouts reconnect with former PHS in the league,’” said Ealy of the league which plays at Mercer County Park. as Gustavo Vega, Lido Guzman, Axel Galeano, Seb Ratzan, Alex Ratzan, Alec teammates. “After this we will get to gether and we will have some Financial Planning Forum “A bunch of Princeton boys have always played in the league on other teams but this year I said we have enough guys that we could have a Princeton team. As we reached out to people, Korsah, Atticus Lynch, Rueben Morales, Nick Kapp, Kyle Brady, Henry DobbsAllsopp, and current Tiger star Nick Petruso, the squad has a comfort level on the pitch. food; it is that really great atmosphere again that a lot of the guys miss,” said Ealy. “You have that bond at PHS. All of us are good soccer players. We have played everywhere in many Retirement Plans Qualified Retirement Plans and Accounts they were saying yes.” “We know what to expect different places all over the Qualified retirement accounts include 401(k) and other employer sponsored retirement Forming a squad, the Princeton Wanderers, the PHS alums got a spot in the of each other because we all played together,” said Ealy. Fin world but I have never had as much fun playing soccer as I did at PHS. I think a lot ancial Pla plans and Individual Retirement Accounts (IRA’s). Typically, contributions are not subject to income tax when made, the account grows tax deferred (without tax), and distributions nning Forum MCAMSL men’s Open Division which featured teams from West Windsor-Plainsboro, Lawrence, Bordentown, “But I know if I get tired I can tell whoever to come on the field for me. That is the real nature of this league of these guys would agree. That bond and that culture is something you want back. You want to play with these Retirement Plans in retirement (after age 59.5) are subject to ordinary income tax. Other qualified retirement accounts include Simplified Employee Pension Plans (SEP); Savings Incentive Matching Plans (SIMPLE); and Defined Benefit Pension plans. and Florence as well as sides and we are all enjoying it.” guys again. That is what called Barcelona FC and the Young Guns including players from a mix of schools. With the Wanderers end ing up going 2-3-1 in regular season action and then makes this special.” —Bill Alden HANDS-ON EXPERIENCE: Chase Ealy, left, battles a foe during recent action in the Mercer County Amateur Master Soccer League (MCAMSL) at Mercer County Park. Former Princeton High boys’ soccer star Ealy helped organize a team of PHS alums, the Princeton Wanderers, to Plan SEP SIMPLE 401(k) May Be Best for: Self-employed and small, closely held Businesses seeking an easy to administer Businesses seeking plan flexibility, salary Qualified Retirement Plans and Accounts Qualified retirement accounts include 401(k) and other employer sponsored retirement plans and Individual Retirement Accounts (IRA’s). Typically, contributions are not subject play in the MCAMSL this summer. (Photo by Frank Wojciechowski) Financial Planning Forum businesses looking for a simple plan plan that permits salary deferrals deferrals and matching contributions to income tax when made, the account grows tax deferred (without tax), and distributions in retirement (after age 59.5) are subject to ordinary income tax. Other qualified retirement Retirement Plans Financial Planning Forum Is It Better to Save in a Qualified Retirement Account? accounts include Simplified Employee Pension Plans (SEP); Savings Incentive Matching Plans (SIMPLE); and Defined Benefit Pension plans. Plan SEP Qualified Retirement Plans and Accounts The conventional wisdom is yes, but the common rationale i SIMPLE 401(k) Defined Benefit s often based on unrealistic May Be Best for: Self-employed and small, closely held Qualified retirement accounts include 401(k) and other employer sponsored retirement plans and Individual Retirement Accounts (IRA’s). Typically, contributions are not subject assumptions. For instance, the ending after-tax value in a 401(k) or IRA is usually compared to the after-tax value of a non-qualified account invested in bonds or cash. Businesses seeking an easy to administer Businesses seeking plan flexibility, salary Businesses looking to make large Readers’ Choice Award Winner businesses looking for a simple plan to income tax when made, the account grows tax deferred (without tax), and distributions in retirement (after age 59.5) are subject to ordinary income tax. Other qualified retirement However, retirement accounts are often invested in stocks and l plan that permits salary deferrals deferrals and matching contributions contributions on behalf of the owner ong-term stock appreciation accounts include Simplified Employee Pension Plans (SEP); Savings Incentive Matching Plans (SIMPLE); and Defined Benefit Pension plans. is subject to lower tax rates than bonds or cash (capital gains versus ordinary income tax rates). Even so, when comparing a qualified retirement account (e.g., a 401(k) or IRA) to a Best Financial Advisor/Planner Plan SEP SIMPLE 401(k) non-qualified account invested in stocks, i Is It Better to Save in a Qualified Retirement Account? Defined Benefit n most cases, the after-tax value of a 401(k) or May Be Best for: Self-employed and Businesses seeking Businesses seeking IRA will be higher. The conventional wisdom is yes, but the common rationale is often based on unrealistic Businesses looking assumptions. For instance, the ending after-tax value i small, closely held an easy to administer n a 401(k) or IRA is usually plan flexibility, salary to make large businesses looking for a simple plan plan that permits salary deferrals deferrals and matching contributions Reference Guide for 401(k) Plans compared to the after-tax value of a non-qualified account invested in bonds or cash. contributions on behalf of the owner However, retirement accounts are often invested in stocks and long-term stock appreciation Is It Better to Save in a Qualified Retirement Account? The conventional wisdom is yes, but the common rationale is often based on unrealistic 401(k) plans can be established to allow for pre-tax contributions, after-tax Roth contributions, safe harbor matching contributions, and additional discretionary profit sharing contributions. is subject to lower tax rates than bonds or cash (capital gains versus ordinary income tax rates). Even so, when comparing a qualified retirement account (e.g., a 401(k) or IRA) to a assumptions. For instance, the ending after-tax value in a 401(k) or IRA is usually A financial advisor and Third Party Administrator (TPA) can w non-qualified account invested in stocks, in most cases, the after-tax value of a 401(k) or ork with the employer to IRA will be higher. compared to the after-tax value of a non-qualified account invested in bonds or cash. develop a plan that best fits the employer’s goals and budget. Well designed plans can However, retirement accounts are often invested in stocks and long-term stock appreciation is subject to lower tax rates than bonds or cash (capital gains versus ordinary income tax help owners and key personnel maximize retirement contributions as well as attract and Reference Guide for 401(k) Plans rates). Even so, when comparing a qualified retirement account (e.g., a 401(k) or IRA) to a retain talented employees. Employer contributions to the plan and any other costs are

non-qualified account invested in stocks, in most cases, the after-tax value of a 401(k) or deductible business expenses. 401(k) plans can be established to allow for pre-tax contributions, after-tax Roth contributions, IRA will be higher. safe harbor matching contributions, and additional discretionary profit sharing contributions. Reference Guide for 401(k) Plans With a 45-year history in the Princeton A financial advisor and Third Party Administrator (TPA) can work with the employer to area, Petrone Associates offers though 401(k) plans can be established to allow for pre-tax contributions, after-tax Roth contributions, safe harbor matching contributions, and additional discretionary profit sharing contributions. insurance and retirement planning services to individuals and businesses of our clients to help them reach their financial goals. develop a plan that best fits the employer’s goals and budget. Well designed plans can help owners and key personnel maximize retirement contributions as well as attract and Thank you for your continued confidence in us. . We A financial advisor and Third Party Administrator (TPA) can w retain talented employees. Employer contributions to the plan and any other costs are ork with the employer to develop a plan that best fits the employer’s goals and budget. Well designed plans can deductible business expenses. help owners and key personnel maximize retirement contributions as well as attract and retain talented employees. Employer contributions to the plan and any other costs are With a 45-year history in the Princeton area deductible business expenses. , Petrone Associates offers thoughtful wealth management,

GETTING HIS KICKS: Gustavo Vega boots the ball up the field in a game earlier this insurance and retirement planning services to individuals and businesses. We work closely with each month for the Princeton Wanderers in the Mercer County Amateur Master Soccer League With a 45-year of our clients to help them reach their financial goals. history in the Princeton area, Petrone Associates offers thoughtful wealth management,

(MCAMSL) at Mercer County Park. Princeton High boys’ soccer alum Vega helped the squad go 2-3-1 in regular season action before falling 2-0 to Bordentown in the league insurance and of our clients t ret o h ireme elp th nt planning services to individu em reach their financial goals. als and businesses. We work closely with each Michael G. Petrone CFP ® , J.D.* quarterfinals. (Photo by Frank Wojciechowski) JUNCTION P 2 etrone Associates Research Way, Pr , Inc. inceton, NJ 609 BARBER petroneassociates.com Michael G. Petrone Andrew E. Pet Michael G. Petrone rone Andrew E. Petrone SHOP Financial AdvisorCFP ® , J.D.* Securities products/services and advisory services are offered through Park Avenue Securities LLC (PAS), a registered broker/de advisor. Financial Representative, The Guardian Life Insurance Company of America, New York, NY (Guardian). PAS is an indirec Financial AdvisorCFP ® , J.D.* P 2 33 Princeton-Hightstown Rd Ellsworth’s Center etrone Associates, Inc. Research Way, Princeton, NJ 609.452.9292 Petrone Associates, Inc. 2 Research Way, Princeton, NJ petroneassociates.com subsidiary of Guardian. Petrone Associates, Inc. is not an affiliate or subsidiary of PAS or Guardian. PAS is a member FINRA, Material discussed is meant for general informational purposes only and is not to be construed as tax, legal, or investment adv agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional rega 609.452.9292 1181 Hughes Drive, Hamilton NJ 08690 petroneassoci (Near Train Station) ates.com Securities products/services and advisory services are offered through Park Avenue Securities LLC (PAS), a registered broker/dealer and investment This award is not issued or endorsed by Guardian or its subsidiaries. 2019-73179 Exp 01/21 *Not practicing law for Petrone Associates, Guardian or its subsidiaries or affiliates. 609-584-6930 www.greenhavengardencenter.com cthomas@greenhavengardencenter.com 799-8554 Tues-Fri: 10am-6pm; advisor. Financial Representative, The Guardian Life Insurance Company of America, New York, NY (Guardian). PAS is an indirect wholly owned subsidiary of Guardian. Petrone Associates, Inc. is not an affiliate or subsidiary of PAS or Guardian. PAS is a member FINRA, SIPC. Material discussed is meant for general informational purposes only and is not to be construed as tax, legal, or investment advice. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. 2019-73179 Exp 01/21 *Not practicing law for Petrone Associates, Guardian or its subsidiaries or affiliates. Securities products/services and advisory services are offered through Park Avenue Securities LLC (PAS), a registered broker/ dealer and investment advisor. Financial Representative, The Guardian Life Insurance Company of America, New York, NY (Guardian). PAS is an indirect wholly owned subsidiary of Guardian. Petrone Associates, Inc. is not an affiliate or subsidiary of PAS or Guardian. PAS is a member FINRA, SIPC. Material discussed is meant for general informational purposes only and is not to be construed as tax, legal, or investment advice. Guardian, its subsidiaries, agents, and employees do not provide tax, Securities products/services and advisory services are offered through Park Avenue Securities LLC (PAS), a registered broker/dealer and investment advisor. Financial Representative, The Guardian Life Insurance Company of America, New York, NY (Guardian). PAS is an indirect wholly owned subsidiary of Guardian. Petrone Associates, Inc. is not an affiliate or subsidiary of PAS or Guardian. PAS is a member FINRA, SIPC. Material discussed is meant for general informational purposes only and is not to be construed as tax, legal, or investment advice. Guardian, its subsidiaries, Sat 8:30am-3:30pm legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. 2019-87873 Exp 10/20 *Not practicing law for Petrone Associates, Guardian or its subsidiaries or affiliates. agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. 2019-73179 Exp 01/21 *Not practicing law for Petrone Associates, Guardian or its subsidiaries or affiliates.