Posted on March 13, 2019
A group policy from work probably won’t replace enough of your income to meet your needs. You may think that your financial life is in perfect order. You have a solid plan to reach your goals, including maxed-out retirement savings and enough life insurance to protect your family in case yo …
Posted on March 13, 2019
As they say, good deeds are their own reward. Even so, there’s nothing wrong with taking a tax deduction for a charitable donation. Not surprisingly, the end of the year — a time when people like to wrap up loose ends — is an especially popular time for giving. December takes the top spot f …
Posted on March 13, 2019
Retirement plans often involve traveling, socializing and feeling financially secure, but they don’t usually include paying off debt. However, the reality is that many Americans close to retirement will carry debt into their golden years and must plan accordingly.
Posted on March 13, 2019
Does everyone need a will? And if so, when is the time to get one? “Many people think that they don’t need a will … since they don’t have an ‘estate,’” said certified financial planner Scott A. Bishop, partner with STA Wealth Management. “That is just wrong.
Posted on February 19, 2019
Employer-sponsored retirement plans like 401(k)s offer a lot of savings, investment, and tax advantages, but you have to be paying attention to make the most of them. Some of the best tax strategies with retirement savings can be complex and require a good bit of planning, without which the …
Posted on February 6, 2019
Despite wanting and needing more guaranteed income in retirement, many Americans are hesitant to purchase an annuity to provide that income. Some of this hesitancy is due to misconceptions around the products and how they can best be used to support a secure retirement.