Planning for College & Retirement
NewsWhile there are many ways to help plan for your child’s college education, here are three easy plans to institute to ease the road to the Ivy League!
Three Solid Ways to Save for College & Retirement – Forbes.com
So You’re Retired – Now What?
NewsMost qualified retirement plans offer significant tax benefits - if you're willing to follow a few IRS-specified rules, that is. The federal government wants to make plans such as 401(k)s, Keoghs, SEP-IRAs and traditional IRAs available for…
How Social Security Works
Newshe Social Security program was signed into law in 1935 after the nation had endured more than a half-decade of the Great Depression. It was intended to provide a safety net of income for individuals too old or disabled to continue working.
Participation…
Retirement Expenses
NewsHow Living Expenses Change During Retirement
There are some upsides to being a retiree - senior discounts, lower taxes, subsidized healthcare, and regular Social Security checks among them. On the other hand, mature Americans must contend with…
Bridging The Income Gap
NewsSocial Security was never designed to be an individual's sole source of retirement income. Instead, it was meant to bridge the gap between people's income from pensions and savings and their monthly expenses.
Today, however, nearly two-thirds…
IRA Conversions
NewsThe Roth IRA offers a number of advantages over its traditional counterpart. These include:
Tax-free distributions at retirement
Ability to continue making contributions beyond age 70-1/2
No required minimum distributions beginning…
