Now that the new Secure Act 2.0 has been passed, there are several new changes that could impact you and your finances. Fortunately, some of those changes might help you boost retirement savings and maximize certain investments. Here are some key points of the law, and what they might mean for you: Secure Act 2.0: […]
Finding Your Footing in Retirement
Retirement is a major milestone, and something that many people look forward to in their working years. But what about when it’s finally time to retire? How do you navigate such an enormous lifestyle change? When you’ve done the work – saved the money, created wealth, planned and prepared for this phase of your life […]
Should You Open a Roth 401(k)?
When open enrollment rolls around again at your company, it’s the ideal time to review your benefits and make any necessary changes. Health insurance is a major focus of open enrollment season, but don’t forget that you can check up on other benefits, too – including retirement accounts. At some companies, employees can opt into […]
What are Qualified Charitable Distributions?
For many people, their 72nd birthday is also when the required minimum distributions (RMDs) kick in for their individual retirement account (IRA.) If your RMDs are high, that means you run the risk of being taxed at a higher bracket, because those RMDs are counted as income. There are a variety of options to bring […]
How to Plan Strategic Retirement Withdrawals
If you’re preparing for retirement, there are potential savings you should consider with your withdrawals. With just a few key moves, you could maximize your money and gain significant savings when it comes time to withdraw money in retirement. Here are a couple of the moves that pay off the most for retirees: Diversify for […]
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