Financial Planning, Newsroom
With all the volatility going on in the market, it seems there is one certainty and that is the word “historical” will continue to be in the headlines. Over the past few months, we’ve seen the Dow Jones Average hit historical highs, the 10-year treasury hit historical lows, and historical daily point movements in the market.
Financial Planning, Homepage Newsroom, IRA’s, Newsroom
The SECURE Act was signed into law on December 19, 2019 and with it comes some very important changes to the options that are available to non-spouse beneficiaries of IRA’s, 401(k), 403(b), and other types of retirement accounts starting in 2020. ...
Financial Planning, Homepage Newsroom, Newsroom, Retirement Central
Potential Consequences of Taking IRA Distributions to Pay Off Debt Once there is no longer a paycheck, retirees will typically meet expenses with a combination of social security, withdrawals from retirement accounts, annuities, and pensions. Social...
Estate Planning, Family Finances, Financial Planning, Newsroom, Tax Strategies
Do I Have To Pay Tax On A House That I Inherited? The tax rules are different depending on the type of assets that you inherit. If you inherit a house, you may or may not have a tax liability when you go to sell it. This will largely depend on whose name was on...
Financial Planning, Newsroom, Retirement Central
The number is higher than you think. When you total up the deductibles and premiums for Medicare part A, B, and D, that alone can cost a married couple $7,000 per year. We look at that figure as the baseline number. That $7,000 does not account for the...
Financial Planning, Newsroom, Retirement Central, Social Security
Making the right decision of when to turn on your social security benefit is critical. The wrong decision could cost you tens of thousands of dollars over the long run. So understanding what to do with your social security income is incredibly important because we all...
