For working and retired individuals, Social Security is a major piece of the retirement puzzle. This stream of guaranteed income is an ever-changing program
For any parent wanting their child to go to college, 529 plans are a staple when saving for this goal. The benefits of tax-deferred growth and tax-free
There has been much in the financial news recently about many brokerage houses moving towards zero commissions on stock trades. On the surface, zero commission
A few weeks ago, the SECURE Act was passed which has made some significant changes that can affect one’s financial planning strategies. Below are several
While Medicare Parts A & B provide well-rounded coverage for individuals, there are some loopholes in Part A’s Skilled Nursing Care coverage that one should be
It is usually recommended that individuals name beneficiaries on their IRAs as it is an effective and simple estate planning strategy. Once a beneficiary
The IRS has recently released the new contributions limits for Plans in 2020. Please see below:
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Defined Contribution Plan Limits (401(k), 403(b) |
The thought of downsizing is something that may have crossed one’s mind when thinking about one’s living situation during retirement. While the obvious
One of the roles of financial planners is to try to maximize a client’s long-term, after-tax returns. This involves an in-depth look at how investments, risk &
Obsession can be somewhat dangerous as one can get lost in the same train of thought for extended periods of time. There are some financial behaviors or quirks
As important financial paperwork piles up over time, a major question arises, “Should I shred this?” This is a delicate issue as there is the possibility that
Disclaimer: The older you are, the more relevant the post will be. On the flip side, the younger you are, the less relevant it will be!
Moving into a long-term