
The steps you take today can prepare you for tomorrow. Take control of your retirement armed with insights, updates and strategies to help you have the retirement you’ve been working for.
Why is the impact of inflation on a retirement plan a hot topic?
Signed into law in December 2019, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) made it easier for businesses to offer retirement plans and for individuals to save for retirement.
Often, high-net-worth clients have accumulated significant wealth on a tax-deferred basis in individual retirement accounts (IRAs) and employer-sponsored retirement plans.
To help address the pandemic and its economic fallout, Congress passed legislation that made important changes to retirement accounts.
Strategic use of cash value life insurance can provide similar tax-free benefits to a Roth IRA, without Roth IRA income limitations, all while delivering valuable policy benefits.
Projections indicate combined trust fund reserves will deplete in 2035. A reduction of payments is possible if Congress does not address the situation before then. You may want to stress test your financial plan now.
For those who can draw on other income sources, it may make sense to delay Social Security benefits until age 70. Discussing the optimal Social Security benefits for a married couple involves several variables to factor for.
While most people long for the days when they can kick back, sleep in, and have the freedom to do whatever they’d like, an unstructured lifestyle in retirement can present unexpected challenges.
Just when we thought that we were going to finish out the year 2019 without any major tax law changes, some significant retirement savings reform legislation was signed by the President on December 20, 2019.
If you’ve been a disciplined saver and taken advantage of tax-deferred plans, you’ve done a lot to get ready for retirement. And if you’ve been managing your accounts on your own and investing in low-cost funds over the last decade, you could be feeling especially good about the road ahead.
A Qualified Charitable Distribution (QCD) is a transfer of funds from an Individual Retirement Account (IRA), made payable to a charitable organization.
Deciding when to begin receiving Social Security benefits is a major financial issue for anyone approaching retirement.