Key Financial Dates to Note in 2023 for Retirees
As we look ahead to 2023, it is essential to mark your calendar with key dates that will affect your retirement planning. Here are some important dates to remember throughout…Read More
What Is 401(k) Vesting?
Employer matching of 401(k) contributions is a common employee benefit. If you work for an employer that matches 401(k) contributions, your retirement account can grow faster. For example, let’s say…Read More
Six Thrift Savings Plan Mistakes to Avoid
If you work for the federal government or serve in the armed forces, you have access to a retirement and savings plan called a Thrift Savings Plan (TSP). According to TSP.gov,…Read More
Five Tax-Advantaged Investments to Consider for Your Portfolio
Benjamin Franklin, one of the founding fathers, once famously said: “… in this world, nothing is certain except death and taxes.” While these words hold some weight, they’re not entirely…Read More
How to Diversify Your Portfolio
Go to almost any store or website that sells something—anything—and you will find several other products for purchase. In fact, you would be hard-pressed to find any place that sells…Read More
Five Ways to Maximize Social Security Benefits
Social Security provides a guaranteed fixed income to many retirees, helping pad their retirement savings and income. But did you know there are strategies you can use to max out…Read More
Six Ways to Generate Income in Retirement
Do you know if you will have enough money during retirement to cover the cost of your housing, food, entertainment, and other activities you enjoy? You need money to enjoy…Read More
What Is Financial Planning?
According to the CFP® Board, “Financial planning involves look at a client’s entire financial picture and advising them on how to achieve their short- and long-term financial goals.” If this…Read More
How a Mega Backdoor Roth Conversion Works
It’s no secret that Roth individual retirement accounts (IRAs) have several major benefits—after-tax contributions to your IRA account offer tax-free growth and distributions later in life, and there are no…Read More
What’s the Difference Between a Traditional and Roth IRA?
Individual retirement accounts (IRAs) are tax-advantaged long-term savings and investment vehicles intended to help carry you through your retirement years. Some IRAs may be available through your employer, but most…Read More