Articles

Social Security and the Earnings Test

Social Security and the Earnings Test

No matter how you feel about social security, it is still one of the most important assets a person will have in their lifetime. According to a study by Allianz, approximately 63% of people fear running out of money in retirement – more than fear death. Social...

Why the 4% Rule is Wrong

Why the 4% Rule is Wrong

Once you begin to think about retirement, you will stumble upon the 4% withdraw rate rule. Simply put, it states that if you only withdraw 4% per year in retirement from your retirement accounts, you will not outlive your assets. This may be a good place to start when...

Emergency Funds – Why You Need One Yesterday

Emergency Funds – Why You Need One Yesterday

No matter who you talk to in the financial world, you will always here that you need an emergency fund. The importance of an emergency fund cannot be overstated. Too often people back themselves into a financial corner by not being prepared for the worst. How often...

Roth IRA – The Ultimate Guide

Roth IRA – The Ultimate Guide

The Roth IRA seems like a simple retirement account at first glance. But there are some intricacies to the Roth IRA that can leave even the best minds confused. To start with, the Roth IRA has several 5-year rules that occur at different times and under different...

Traditional IRA or Roth IRA

Traditional IRA or Roth IRA

There seems to be an ongoing debate about which individual retirement account is better, a Roth IRA or a Traditional IRA. The debate continues because ultimately there is no clear winner. These two different retirement accounts each have their advantages and...

Understanding Target-Date Funds

Understanding Target-Date Funds

You’ve probably seen them littering your 401k investment options. You’ve noticed most of the investment options all have dates behind them. By now, you may even understand that these options are target-date funds, also known as lifestyle funds. You may also understand...

Ultimate Guide to Repair Your Credit

Ultimate Guide to Repair Your Credit

What does a bad credit score tell people about you? For starters, it lets lenders know that you are a credit risk, and that you are financially unsound. But that is only the beginning. The correlation between credit scores and other risks in your life are substantial....

Tax Planning for Retirees

Tax Planning for Retirees

Almost half (46 percent) of recent retirees wish they had planned better for handling taxes in retirement, according to a new survey from the Nationwide Retirement Institute. One in four retirees report having paid thousands of dollars more in taxes in retirement than...

Inherited IRA – What to do Now

Inherited IRA – What to do Now

Receiving an inheritance is never good under any circumstances. Unfortunately, you just received an inherited IRA and are not sure what the next step should be. Inherited IRAs come at a tough time. We’re here to help you avoid adding additional pressure and stress to...

How Much Do I Pay in Gift Tax

How Much Do I Pay in Gift Tax

Most people will gift some money away during their lifetime, usually to a family member. Think of all the grandparents that gift college money or birthday money to a grandchild or great-grandchild. Some people come into money and want to help family members with their...

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