man reviewing charts

WE KNOW MONEY MATTERS.

Investment & Retirement Strategies

Your Guide to Retirement Strategies in Finance

When it comes to changing jobs, there’s a lot of important questions you need to ask yourself. One of them is what to do with the money in your 401(k) account. How you answer this question can determine whether you save, or lose, thousands of dollars in lower returns and taxes.

The first step that we recommend to our clients is to leave it alone. You have 60 days to decide what to do with your account, and waiting for any emotions to settle can be extremely valuable. Whether you decide to leave it in your account or roll it over, the worst thing that can be done in this 60 day period is a quick cashout. Why? because if you do cash out, the plan administrator will withhold 20% for federal income taxes. This is significant and can result in a large deduction.

In addition to the 20%, you may also have to pay local and state taxes. All things aside, you could be paying nearly half of what you have saved, which can have an incredibly negative effect on retirement and other long-term goals. That being said, we recommend non-emotional, decisive, and strategic steps through this process. Having a non-biased, experienced accountant can be extremely beneficial for multiple reasons.

My Alternatives?

One of the most seamless, pain-free options is to rollover your 401(k) into a new company’s retirement plan before your 60-day period ends. Many companies are well versed in this and can get you the forms you need quickly and easily.

Something to note: most employers do not immediately enlist you into their 401(k) plan. Rather, they require that you work for a set period of time before enrollment. If this is the case, we recommend keeping your funds in your previous employer’s plan and rolling it over as soon as the waiting period is complete – this way you avoid charges and loss of funds.

Request a Consultation

Request a consultation by filling out the form below or contacting us at (973) 917-4080.

Name*
First Last
Phone*
Email*
Verify
Name
This field is for validation purposes and should be left unchanged.

Hear From Our Clients!

Steven Lissner & Company LLC

5.0

Based on 0 reviews

See all reviews Write a review

Scott has taken care of me for the last 2 years, making filing taxes easy! Even with out-of-state taxes and major life changes. Everything is always incredibly organized and professional.

Lynda Ross

Knowledgeable and astute accountant. Staff —friendly and very helpful. My wife Lucille and I highly recommend the Lissner accountant firm. Bruce Pitman

Bruce Pitman

I have been filing with Steve (and Cathy M.) for the past 5 years. Their service is top-notched. Very professional and great to work with. You won't regret working with them. Highly recommend!

Derek Liu

My husband & I has used Steve Lissner for sometime now & we feel his company does a though job with filing our tax returns. We retired to Maryland & we were pleasantly surprised that he is licensed in Maryland too!Wendy & Don W.

Wendy Wharton

Steve had been our accountant for many years. He is extremely knowledgeable and he and his staff are a pleasure to work with. We highly recommend him and his team.

Jane Sherman

This year was my first time having Steve and his team prepare my 2024 tax returns. I couldn’t be happier! They were friendly and responsive and submitted them in record time.

Debbie Gubernat

My first time w/o TurboTax and it was a breeze with Lenny Fuhrman. Thorough, friendly and capable. I definitely felt like I was in good hands

Richard Sherman

Scott has been doing my taxes for the past few years! Very professional always there to answer my questions! Reasonable rates! Wouldn’t go anywhere else!

Margaret Smith

I can't recommend Steven Lissner & Company LLC enough! From start to finish, working with Steven and his team was an absolute pleasure. They were incredibly responsive and always made sure to answer any questions we had—no matter how small. Every time we reached out, we received clear, thoughtful explanations that put our minds at ease. The level of service and attention to detail is unmatched, and it's evident they truly care about their clients' needs. If you're looking for reliable, professional accounting services, Steven Lissner & Company is the way to go!

Shira Gonzalez

Steve and Cathy are wonderful to work with. They make tax season as pain-free as possible. They pay attention to details and ensure your filing is optimized while done with the utmost integrity. They take the time to explain all aspects of the return(s) and are always available to answer questions as they arise (before, during and after the return is complete). I cannot recommend Steven Lissner & Company more for a comprehensive and thorough tax return as well as financial planning advice.

Laura Romeu

I’ve found Steve and his team to be very knowledgeable, responsive and personable. I have used their firm for a number of years and have always been satisfied.

Andy

I went to see Steven Lissner today for the first time and I can confirm that he will be my new CPA moving forward. Steven is very knowledgeable, honest, and professional in every way. He gave me confidence regarding my tax preparation and I look forward to having him do all of my tax returns. His office is also very welcoming and everyone working there are very nice. I highly recommend him to anyone who may be in need of a CPA. Thank you again Steven for all your help!

HR HR

Steven Lissner & Company prepared several returns for me earlier this year. This was the first time I used a CPA to prepare my taxes, as I have always done them myself. Steve and his team were very personable and easy to work with. Their secure client portal provided me with comfort in sending confidential information. I plan to work with Steve and his team for a long time and highly recommend them to anyone seeking a high-quality service delivered with a personal touch.

Martin Cauz

Great experience - we're a new client and Steve took the time to fully walk us through our tax questions and needs. Looking forward to working with them for years to come!

Jamie Johnson

My family feels cared for beyond tax season. There was a lot of un-clocked time spent in helping my family with a private sensitive financial issue. We highly recommend this company :0)

Kathryn Pommnitz

THE BEST!! Steven Lissner & Company is an outstanding accounting firm. Every aspect of our interactions have been top notch. Communication, truthfulness, helpfulness. I was also super impressed with their convenient and efficient system of being able to easily upload tax documents. Wonderful experience! I highly recommend I could go on. I'm totally delighted and thoroughly impressed. If you’re in need of some great accountants, look no further!

Y K

Outstanding service. Second year using this firm, and the service just keeps getting better and better. Everyone is extremely helpful and responsive. Handle my personal and small business. I would give them 10 stars if possible. Not one negative thing to say.

Tom McNulty

Working with this CPA firm, specifically Leonard, is an absolute pleasure. They handle the tax preparation for six trusts I oversee from my residence in Florida. They are thorough, efficient, organized and very knowledgeable. For ten years, I've been impressed and delighted with their service.

Thomas Pagano

Wonderfully quick and pleasant experiences three years in a row! Cathy is so sweet and personable and really makes the tax process painless.

Alicia Long

We have been using Steve and his staff for over 20 years. Always outstanding, timely and efficient work. Any questions are answered quickly. We are rest assured that our taxes are done correctly. Highly recommend!

DESIREE COUGLE

Steven Lissner is hands down the best accountant. Caring, professional, best guidance. I wouldn't trust anyone else!!

Hillary Wiegand

OUTSTANDING service! Knowledgeable, trustworthy, understands clients’ needs, (both present & future), is alway available when I have a question. I found Steve through referral sources & am grateful I found him. His staff is always courteous & on target, too.

Maria Mazzone

My wife and I recently had a consultation with Steven, and it was fantastic. He took the time to truly understand our needs and provided exceptional service. We would highly recommend him to our friends and family without hesitation!

Julio Nieves

Steven Lissner & Co have done my small business and personal.accounting for more than a decade. They always offer personal service with thoughtful advice, careful and honest preparation I can stand behind, reasonable rates and more patience than I deserve when I submit my information close to the deadlines. I’m.glad.to have the chance to recommend.them.

stephen rathe

We've been going to Steve for years and it is always great to work with, very professional and always get it done in time for us.

Eric Hufschmid

Our accountant retired and recommended Stevens firm. They are great! Very happy!

Nick Ferrotti

Been doing my taxes with Steve for years and never had any issues.

Bill Arroyo

Steve and Lenny did an outstanding job of preparing our returns this year that involved tax issues in three states. We have been clients of Lissner and Company for about ten years. Steve is also available to provide tax guidance and advice during the year. Virginia Clark and Bill Irwin recommend Lissner and Company without reservation.

Bill Irwin

This firm is simply the best. They patiently answer all your questions and take care of everything in a timely manner. Why go anywhere else?

Marc Shapiro

Steve has worked for us since 2013 and we are very satisfied. It's not just in preparing the returns; it's being responsive to questions during the year. We will continue to use him in the future.

Mark Jay

Steve and his staff do a stellar job with our taxes every year and this year even took on our two LLCs. He explains everything clearly including what we need and what we’re missing. Steve has been the accountant for my three older siblings for many years and we’ve been going to him for about 10 years. We live an hour away, but are able to electronically send our documentation seamlessly. If you make the change to Steve Lissner, you’ll be glad you did.

jeannebean66 (SEL by Jeannie)

Steve and Cathy are wonderful to work with. They take the time to make tax season as pain-free as possible. They pay attention to details and ensure your filing is done with the utmost integrity.

Laura Romeu

I’ve been with Steve and his firm for 10 yrs now, they have always been extremely knowledgeable on any tax situations that I have had.

Paul Ferrone

Great People here! Steve really knows his stuff. Always very professional, thorough and diligent, yet comfortably hospitable and friendly! Great looking Office Aquariums too!

Joshua Topp

I have been with this company for 25 years. The Best CPA Services Ever!!! Thank You Steve and The Team! Truly appreciated everyone for your excellent services. God Bless You All.

Joe Sutthasinwong

Steve is a trustworthy professional who I've relied on for over a decade, through cross-country moves and many life changes. He's always prepared our returns promptly and thoroughly, and has responded to any question I've had--whether in tax season or not--in short order. Highly recommended.

Ravind Grewal

Steve has been working with our family as the CPA for years now. He’s extremely knowledgeable, trustworthy and flat out good at his job. As long as Steve is in business, I won’t go to anyone else. Highly recommend.

Pat Gonabe

Steve has proven to be extremely helpful and professional throughout the years. Members of our family with varying financial needs continue to be well served by his firm. Steve and his staff are attentive and responsive to our needs, and we remain highly satisfied and confident in their services. We highly recommend him without reservation!

Benny Castillo

Steven has been doing our taxes for over 20 years. He is excellent and we are always very satisfied with the services and the fees. I have recommended him to family and friends, who are also very satisfied. He is an excellent account, extremely knowledgeable and very kind. As his business has grown we have dealt with his staff who are also excellent and very friendly. You won't find a better accounting service anywhere. I highly recommend him.

Lisa F

Steven Lissner & Company is a wonderful firm. I have been using them since 2017 and I've never even met them in person! They respect that I'm a busy working mom and they do everything they can to make sure I get a return, that I get it fast and that I don't have to go out of my way to work with them. They provide extremely professional and helpful service and their staff is kind and responsive. They have a team that's large enough and specialized enough to answer all my questions and help me when I need it. My favorite part is that, after years of struggling with a bad accounting firm that had me owing the IRS for years, Lissner helped me get organized so that I get a return every year since I've been working with them. I can't say enough good things about this firm - They have had such a helpful impact on my life!

Elizabeth Geary-Archer

Steven and his staff have been the easiest group to work with over the past three years I have been working with them. From the first email I receive at the start of tax season, until the last, they have kept me informed as to what is needed, any issues, and when the returns have been filed. I highly recommend Steve's firm for all your accounting needs.

Andrew Fischbach

I think Steve is terrific: He's professional, extremely knowledgeable and well informed about all matters with which he deals, and quick to respond to any questions that I have had. My husband feels likewise. Throughout the years, I have also found Steve to be very personable, cheery, and an all around lovely person. I'm very happy to have found him and his firm.

Tamara Colloff-Bennett

‹

›

Slide 1

Last year I gave you all a heartfelt, 5-star rating and I would have given another one this year but there isn’t a place for me to give a another review on Google. Maybe I can only give one review. Just know that I tried and that if I could I’d give you another five gold stars, I would. Thank you for being an excellent accounting firm!

Liz Archer

Valued Client

Slide 1

Amazing accountant!! I was previously using an accountant who was doing wrong by me and Steven called it out for which I am extremely grateful. I’ll be using him as my personal and business accountant from here on out.

Joseph Petra

Valued Client

Slide 1

Steven Lissner & Company is a rare find… They’re extremely knowledgeable, friendly, and helpful!! I highly recommend Steven Lissner and his great team for anyone looking for fair and honest accounting services.

Faith Leuzarder

Valued Client

Slide 1

Amazing accountant and a really experienced one! Gets things done in a timely manner and the communication is always clear and to the point. Great service either for personal or business taxes.

Bernardo marrufo

Valued Client

Slide 1

Steve was referred to us from a friend a few years ago. He has been amazing! He makes the process for both our personal and business so easy, and has given great advice that has saved us A LOT of money! I highly recommend them! Everyone I’ve sent to him says the same!

Amy Nicklaus

Valued Client

Slide 1

Extremely knowledgeable and thorough, very fun to talk to too! We will be using Steve from this point going forward!

JR Fox

Valued Client