THE IRA HAD A BIRTHDAY LAST MONTH
The IRA can provide many gifts as part of a comprehensive retirement plan. The Individual Retirement Account (IRA) turned 45 on Labor Day. On September 2, 1974, the Employee Retirement Income Security Act, or ERISA, was enacted into...Read More
ANNUAL MEDICARE OPEN ENROLLMENT BEGINS OCTOBER 15 AND RUNS THROUGH DECEMBER 7
If you’re already enrolled in Medicare it may be time to evaluate your current coverage, make changes or switch plans during the open enrollment period from October 15 through December 7. If you have a Medicare Prescription Drug...Read More
MAKE ROOM FOR RISING HEALTHCARE COSTS AS PART OF YOUR RETIREMENT PLANNING
Does your retirement plan include strategies to plan for, manage, and even reduce healthcare costs in retirement? It is projected that an average healthy 65-year-old couple retiring this year will incur total lifetime healthcare costs...Read More
WOMEN AND SOCIAL SECURITY: DO YOU REALLY KNOW YOUR BENEFITS?
Social Security guidelines for retirement benefits were established all the way back in the 1930’s and were founded on a traditional family situation1. With marriage patterns and caregiving needs constantly evolving, the modern...Read More
MANAGING YOUR FINANCES
We work with dozens of people to help them create retirement plans. But in order to get to a successful retirement, there are thousands of small decisions along the way. Like, should you drive through your local coffee place and grab a...Read More
CONGRESS LOOKS TO PROVIDE MORE OPTIONS FOR RETIREMENT SAVERS
While changes to traditional IRAs, RMDs offer some benefits, there are tradeoffs. Broad proposals are in the works in the retirement savings arena to ease rules on tax-deferred savings vehicles, make it easier for employers to offer...Read More
ARE YOUR SOCIAL SECURITY BENEFITS TAXABLE?
The answer is: Yes, sometimes. If you don’t have significant income in retirement besides Social Security benefits, then you probably won’t owe taxes on your benefits. But if you have large amounts saved up in tax-deferred...Read More
IT’S TAX SEASON FOR YOUR 2018 RETURNS – WILL YOU OWE MORE?
This year, the deadline to file your income tax returns is April 15, 2019. As of early February of 2019, Time Magazine1 reported that many Americans who had already filed their 2018 taxes were shocked by their lower refunds this year...Read More
FINANCIAL VOWS FOR MONEY-SAVVY COUPLES
February is a good time to celebrate your relationship with your significant other—and renew your commitment to your mutual financial success. Here are some ideas to say “I do” to this month. Vow to protect yourselves...Read More
5 TIPS FOR SETTING BETTER NEW YEAR’S RESOLUTIONS
If you typically give up on your goals by March, you’re not alone. Try these tips for 2019. 1. Go ahead and set them again.Even if you’re one of the majority of people who have set New Year’s Resolutions in the past...Read More