Disaster Relief and Your Retirement Plan: What to Know About SECURE 2.0
When disaster strikes, the last thing anyone wants to worry about is how to cover expenses. The SECURE 2.0 Act of 2022 added new, ongoing disaster relief rules that make it easier for people in…
Changes to Catch-Up Contributions: What They Mean for Your Retirement Plan
If you are over 50, you may already be using catch-up contributions to put extra money into your retirement accounts each year. These additional contributions can make a big difference in helping you reach your…
Can an Annuity Strengthen Your Retirement Plan?
What is an Annuity? An annuity is a financial contract between an individual and an insurance company. In exchange for one or more premium payments, the insurer agrees to provide the purchaser with a stream…
Understanding the Proposed “No Tax on Tips” Deduction
The U.S. Department of the Treasury and IRS recently released new details about President Donald Trump’s proposed “No Tax on Tips” deduction, a provision that could change how millions of service workers report and pay…
College Funding Strategies: Comparing Cash Value Life Insurance and 529 Plans
For many families, helping a child or grandchild pay for college is one of the most meaningful financial goals they’ll ever set. The earlier you begin saving, the more time your money has to grow,…
How Spousal and Survivor Benefits Can Impact Your Social Security
For married couples, divorced individuals, and widows or widowers, spousal and survivor benefits can play a significant role in retirement income planning. Understanding how these benefits work is one piece of the puzzle when planning…