In the final days of 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement. The law is called SECURE 2.0, and it’s a follow-up to the Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in 2019. Read the full article…
On September 29, 2016, Governor Jerry Brown signed into law Senate Bill 1234, also known as CalSavers. CalSavers mandates that all California employers must offer either a retirement plan for their employees or join the CalSavers program as an alternative. The program defines employees as anyone over the age of 18 who are paid by Read the full article…
How much do you know about the different coverage options? Presented by Philip Clark, CFP®, November 2020 Medicare’s open enrollment period runs through December 7. If you are enrolling in Medicare for the first time, you will discover that it is much more complex than an employer-sponsored group health plan.1 When you are enrolled in Medicare, Read the full article…
If you make too much money to open a Roth IRA, you could create one this way. Presented by Philip Clark, CFP®, September 2020 You can sum up the appeal of a Roth IRA in three words: federal tax benefit. Potential earnings in a Roth IRA grow tax free as long as the owner abides Read the full article…
Why are they made again and again? Providedby Philip Clark, CFP® Much is out there about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Aside from these blunders, some classic financial missteps plague retirees. Calling them “mistakes” may be a bit harsh, as not all of them represent errors in judgment. Read the full article…
Some specifics about the “second act.” Provided by Philip Clark, CFP® Does your vision of retirement align with the facts? Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you. Up to 85% of a retiree’s Social Security income can be taxed. Some retirees are taken aback when they Read the full article…
In support of breast cancer awareness month, we are focusing the next few articles on wealth issues impacting women. This article will cover retirement must-haves. We encourage you to donate to charitable organizations of your choosing. Not only it is a great tax saving strategy, it also just makes you feel good. If you would Read the full article…
In support of breast cancer awareness month, we are focusing the next few articles on wealth issues impacting women. This article will cover retirement must-haves. We encourage you to donate to charitable organizations of your choosing. Not only it is a great tax saving strategy, it also just makes you feel good. If you would Read the full article…
In support of breast cancer awareness month, we are focusing the next few articles on wealth issues impacting women. This article will cover retirement must-haves. We encourage you to donate to charitable organizations of your choosing. Not only it is a great tax saving strategy, it also just makes you feel good. If you would Read the full article…
Some good reasons to retain it. Do you need a life insurance policy in retirement? One school of thought says no. The kids are grown, and the need to financially insulate the household against the loss of a breadwinner has passed. If you are thinking about dropping your coverage for either or both of those Read the full article…
