Oct 31, 2024 | Age 55+, Individuals
With the children now out of the house, financial priorities become more focused on preparing for retirement. At this stage, you may very likely be at the height of your earning power and fast approaching peak savings as you lay the groundwork for retirement. During...
Oct 3, 2024 | In The News, Individuals, Retirement Plans
IRS Issues Guidance on Withdrawals for Domestic Abuse Victims In late June, the IRS issued a notice providing critical guidance on early withdrawal penalty exemptions under the SECURE 2.0 Act. The law includes significant provisions for individuals experiencing...
Sep 19, 2024 | Age 55+, Family Finances, Individuals, Investing Basics
Many defined contribution plans include something called employer matching, meaning that your employer contributes a certain amount to your retirement savings plan based on your personal contribution. In 2024, individuals can contribute up to 23,000 into their 401(k)...
Aug 13, 2024 | Age 55+, Individuals
Do you need a life insurance policy in retirement? One school of thought questions this decision. Perhaps your kids have grown, and the need to help protect the household against the loss of an income-earner has passed. If you are thinking about dropping your...