What Is Suspending Social Security Benefits
Suspending social security benefits is a process by which an individual can voluntarily stop receiving benefits for a while. The suspension can last up to four years, and the individual's benefits will not accrue. However, once the...Read More
Don't Forget to Account for All RMDs (Required Minimum Distributions)
In today's World, an ever-increasing number of individuals are turning to Individual Retirement Accounts (IRAs) as a primary retirement savings vehicle. The main reason is the flexibility and tax advantages that IRAs offer. There are a...Read More
What To Expect in 2023 for the Cost-of-Living Adjustment
The COLA is a Cost-of-Living Adjustment for Social Security beneficiaries. It's also known as the raise, which helps offset rising living costs so that beneficiaries don't experience a decline in their standard of living. Seniors spend...Read More
Can You Catch Up On Retirement Savings?
If you've been reading financial advice for a while, you'll probably have heard repeatedly that saving for your retirement is one of the most important things you can do to secure your future. You’ll probably spend the rest of...Read More
What is a Revocable Living Trust?
A Revocable Living Trust is a document that specifies how you want your property to be distributed after your death. It's also called an "inter vivos" trust because it's created while you're still alive and living, so it can be changed...Read More
The Good and Bad of Retiring Early
When it comes to retiring early, some of the benefits are obvious. You get to live your life without the constraints of work, and you can pursue your own interests. But there are other good reasons for retiring early, and there are...Read More
Planning to Work Past Your Retirement Age?
Longevity and the RetireeAccording to The Centers for Disease Control and Prevention, almost 75,000 Americans are centenarians, that is, they are more than 100 years old, and this aging demographic is having a dramatic impact on the...Read More
Top 7 Life Insurance Myths Surrounding Retirement Planning
Life insurance myths are some of the most persistent misleading misinformation affecting people planning retirement. These analytics are commonly severely lacking in adequate research to back up popular perceptions. Consequentially, a...Read More