Updated RMD Regulations: A Comprehensive Guide to Recent Changes
Final RMD Regulations were released on July 19, 2024. The new rules start taking effect on January 1, 2025. 10-Year Rule has been clarified.
Social Security Workshop – Gainesville Civic Center – 6:30 pm October 1 & 3
Tuesday — October 1 @ 6:30 pm
Thursday –October 3 @ 6:30 pm
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This complimentary education workshop is being held @ the Gainesville Civic Center. Seating is limited so please reserve your seat as soon as possible!
Don’t Be Spooked: What Halloween Can Teach Us About Retirement Planning
Halloween and retirement planning may seem an unlikely pair. Yet, this spooky season offers creative lessons we can apply to preparing for retirement. Here are some connections we came up with at the office between retirement planning and Halloween.
Navigating Medicare Open Enrollment 2023: What You Need to Know
Medicare Open Enrollment, which runs from October 15th to December 7th each year, is a critical period for millions of Americans who rely on Medicare for their healthcare needs. During this seven-week window, beneficiaries can make changes to their Medicare coverage for the upcoming year.
Brace Yourself For A Modest COLA Bump In 2024
The 8.7% 2023 COLA was the largest increase since 1981; new economic data suggests the next adjustment in 2024 may be substantially less. Current projections peg the 2024 COLA at around 3% based on recent inflation trends.
Recent studies have shed light on many Americans’ concerns regarding their retirement prospects. Did you know that one in five Americans believe they’ll never be able to retire? Or that 62% of those not yet retired think Social Security won’t cover even half of their expenses?
Women and Retirement: Navigating Life Transitions with Clarity and Confidence
Women are achieving unprecedented levels of education and success. They control over 50% of America’s wealth and play a significant role in managing their family’s finances. However, when it comes to retirement planning, they often find themselves on the sidelines, a fact acknowledged by financial experts. This disengagement can profoundly impact their lives once they reach retirement age.
[FA Magazine] Financial Planning For Couples Who Totally Disagree
“For richer, for poorer” sounds good in wedding vows, yet it doesn’t even touch on the many financial problems American couples face today. And every financial professional I know has had to deal with couples who simply aren’t on the same page financially.
How do you, the trusted financial advisor, handle a situation like that? Here are a few recommendations that could help…
It’s Spring! 8 Tips to Deep Clean Your Finances
People usually deep clean their homes a couple of times a year. It’s a good thing to do with your finances, too. These eight tips will help you get started.
[US News and World Report] Should You Consult a CFP or CPA to Plan for Retirement?
Have you ever wondered if there’s a difference between a Certified Financial Planner (CFP) and a Certified Public Accountant (CPA), and which one you should consider working with to help you plan for retirement?
This US News and World Report article provides an in-depth discussion about their different areas of specialization and how they can work together in a complimentary manner as part of your retirement planning team.
[CNET] How Young Retirees Sidestep Early 401(k) Withdrawal Penalties
Want to retire early? A Roth conversion ladder allows you to sidestep the hefty early withdrawal fees that come with 401(k)s and other retirement accounts.