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Social Security COLA for 2025 Could Be Over 2.6%, According to New Predictions
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What does it mean if your company will no longer fund its pension?
I worked at a company headquartered in NC for 20+ years. That company was one if the few remaining companies to offer a pension. I have left the company but haven't started taking my pension. Word on ...
Good Time to Check Your Client’s Funding Buckets
Be sure to read our latest Advisor Perspectives article about the “buckets” used to fund essential and discretionary expenses in retirement under the Actuarial Approach....
Social Security Demystified: Calculating Taxation, Provisional Income, and the Tax Torpedo
Listener Michael asks about how Social Security is taxed, the rationale behind the 50% and 85% tax thresholds, and the implications of these taxes on Social Security and IRA withdrawals. James respond...
Employees Amplify Concerns Over Financial Emergency Impacts
A quarter of participants surveyed are also borrowing from their retirement accounts, finds…...
Managed Account Consolidation Slowly Growing
Still, adoption among advisors is growing in small doses, finds Cerulli...
‘Peak 65’ Women Face Retirement Risks
Over half of women in the "Peak 65" demographic have less than $100,000 in retirement…...
ACO Accountable Care Organization
Does anyone have experience with an ACO (Accountable Care Organization? I read some of the material provided but still not sure if this really is a no cost added benefit. Sounds more like an HMO-type ...
Blast from the past - a song you know but might not have heard in ages
Here's a song I found on YouTube yesterday that I can't recall having heard for a very long time. It is one of the most beautiful songs ever released. One of its composers and lead singer passed away ...
How to Pay Less Tax and Invest for Retirement - 486
How is Kimberly’s strategy for reducing her retirement taxes by doing Roth conversions and qualified charitable distributions? Is Patrick’s tax loss harvesting transaction a wash sale? At ...
Don’t Take the Last Dollar
My favorite scene in the movie Arbitrage (spoiler alert) is where Richard Gere's character, Robert Miller, negotiates the sale of his business to a rival, James Mayfield. Miller, who has become increa...
How Money Talk Can Transform Your Marriage and Retirement
Identifying and understanding 5 simple marriage money talk steps you can take to improve your understanding of finances within a marriage and work towards a common goal. Money is one of the most conte...
Eickman Joins Jason Roberts at Rebranded Fiduciary Law Center
The Retirement Law Group today announces rebrand to FLC and the addition of Matthew Eickman…...
Understanding the Retirement ‘Crisis’
A new report by PGIM analyzes whether the U.S. is undergoing a retirement crisis, and how…...
401(k) Mutual Fund Fees Have Fallen Dramatically Since 2000
New ICI research shows lower fees have helped savers earn higher returns, balances in retirement...
Most Pre-Retirees Pushing Back Retirement Timeline
New research from F&G shows 2 of 3 pre-retirees over 50 are considering postponing their…...
Department of Labor Calls For Nominations to ERISA Advisory Council
The deadline to submit nominations is August 26...
Caregiver’s Guide to Smart Home Tech
Caregiver’s Guide to Smart Home Tech...
Retirees: Want to Keep Your Money? Make a Tax Plan
Your retirement plan isn't complete unless you have figured out how to lessen the impact of taxes on your nest egg. Here's where to start....
Dividend Stocks Can Boost Your Retirement Income Stream
You could see some high returns, and if you stash dividend stocks in a taxable account, you can minimize the taxes you pay on them....
Up-Rooting yourself. Who's done it and what are your thoughts?
My friend said it was the hardest thing she's ever done in her life. She moved from Illinois to one of the Carolinas when she retired. She had a pretty nice little rural homestead. I'd love to move bu...
Long term care insurance - why do so many not have it?
Again on a post I read a few minutes ago, people talk about how long-term care is so expensive per month. And, yes it is. Overall, the cost of healthcare, including long-term care, is high. But what I...
How to protect your assets in retirement
So I'm a little ways out from retiring. I'm planning on buying a house soon. I'm going to have to continue paying on the house through part-time contracting work even after I retire from my full-time ...
The Importance of a Taxable Investment Account
Photo credit: jb I’ve written about this topic a few times in the past, such as in this article on tax diversification of your investment accounts. It’s an important topic, but probably th...
When To Stop Contributing To A 529 Plan To Fully Fund College
Everyone with children should contribute to a 529 plan. It is a tax-efficient way to save for college since none of the gains are taxable if used for approved college expenses. Today, it costs about $...
Withholding taxes from Social Security?
My understanding is that you have to file a witholding form to have taxes withheld from Social Security payments. I'm curious about whether you have money withheld, if so how much, and what is the rea...
How to figure out tax income bracket?
Ok retired 3 days ago. Married, both retired. I m no financial brain surgeon so please be aware of this. So i retired half-way through the year and have to figure out our tax bracket. I don’t wa...
Comprehensive Review of State Auto Insurance 2024
Save on Car Insurance Today Explore and compare rates from over 50 top insurance companies, including Progressive, Travelers, AAA, and Nationwide, to find the best car insurance deals. Get Your Free Q...
Financial Advisor Certifications - What They Mean for You
If you’ve ever searched for a financial professional you may have seen an endless string of letters after their names. Trying to figure out the financial advisor alphabet soup is exhausting. One...
Lights, Camera, Exhaustion: I Worked as a Movie Extra for 6 Grueling Yet Awesome Days
You probably know that I’m a big advocate of trying out new and sometimes adventurous things. Not only can it be fun to learn or do something completely different, but it helps you to find new p...
Assess Your Loved One's Driving Skills
Assess Your Loved One's Driving Skills...
Ask a Financial Pro: I Have $100K Saved for Retirement. How Do I Turn That Into $1 Million?
The more time you have to save, the more likely you are to reach your goal....
Mismatch between AARP Articles on Survivor Benefits and what SSA is telling us
Dear Colleagues: When trying to determine the value of survivor benefits. SSA is telling us the survivor benefit amount is based on the deceased persons "basic" benefit calculated at full retirement a...
Rolling Over a 401(k) Into an IRA
Thinking of rolling over a 401(k) into an IRA? There are tax and flexibility advantages. But tread carefully....
How to Protect Your Digital Assets From Estate Tax
Estate planning is critical to ensure heirs don't get hit with millions in estate taxes after you die. You can also protect your digital assets from litigation....
Women Are Saving Less for Retirement but Living Longer
Women are saving less for retirement than men – and not just by a little. Prudential’s 2024 Pulse of the American Retiree survey found, “Across all age groups, women are particularly...
An IRA Contribution Option You Might Not Know
Retirement savings might not have to take a back seat just because your partner doesn't earn income....
Structured notes: A nontraditional, customizable tool that's useful for retiring clients
These hybrid securities blend a bond and a derivative and are customizable to clients' savings needs....
When advisors retire: A wealth manager's guide to life after work
Even — or especially — for financial planners, retiring isn't easy. Here's how to let go of the business and embrace what comes next....
What makes a dream retirement? 6 advisors share their visions
Wealth managers typically focus on other people's retirement plans. But how do they want to spend their own golden years?...