How to Evaluate the pros and cons
When those diagnosed with life-threatening illnesses are asked by their doctors to make lifestyle modifications, only 9% make changes.1 They find it too hard to change even when they know it’s good …
“There’s no place like home.”1
Conjuring an image of ‘home’ was a lot easier for Dorothy than it is for people who are on the cusp of retirement. After all, isn’t retirement supposed to be a new start? …
3 Questions That Can Predict Your Future Quality of Life
MIT AgeLab has identified three simple questions you should ask yourself to assess how prepared you are to live well in retirement. What do these questions have to do …
Have you missed the 60-day deadline for completing an IRA rollover due to an error or an unexpected life circumstance?
Fortunately, the IRS has created an option for individuals to self-certify that they are eligible for a waiver of …
A “backdoor Roth” and a “mega backdoor Roth” are two powerful retirement strategies.
If you’ve been blessed with a high income, you may think that you’re maximizing your savings if you’re contributing the maximum amount to your retirement plan …
How can I avoid making costly mistakes when I inherit an IRA from a person who was not my spouse?
Inheriting an IRA can be a financial windfall, but it’s important to understand the complex, specific rules that apply to …
There is a simple and unsettling reality in the United States.
Most Americans are not financially prepared for retirement.
Some are completely unprepared. The Employee Benefits Research Institute (EBRI)’s 2020 Retirement Confidence Survey found almost half (41 percent) of …
What is an HSA? An HSA is a tax-advantaged medical savings account that can be used tax-free for qualified medical expenses.
HSAs are designed to be used in conjunction with a High Deductible Health Plan (HDHP). HSAs offer triple …
Retirement planning is all about planning today for the uncertainty of tomorrow.
This type of planning requires keeping an eye out for risks that could push the plan off course. Some of the most disruptive retirement risks are related …
…The Roth IRA is a powerful retirement account that’s available to Americans even if they don’t have an employer-sponsored retirement plan such as a 401(k). That is, all working Americans have access to a plan that provides serious tax advantages
