Don’t Overlook HSAs as a Retirement Savings Vehicle
It’s a little-known fact that health savings accounts can provide an excellent way to save, invest, and take distributions—without paying taxes.
Ask the Adviser: How do I figure out what I actually spend in a year?
Calculating your annual spending isn’t quite as simple as it seems, and yet it’s key to creating an accurate financial plan. Follow this formula.
Retirement Savings and How to Make Time Work for You
Younger generations are lagging behind on target goals for retirement savings. Here, we will look at some simple strategies for catching up.
Ask the Adviser: Should I opt for an annuity inside my 401(k) plan?
An annuity creates an income stream while also incurring costs within the plan. We’ll evaluate the pros and cons.
Recapping Market Highlights and Most-Read Articles from 2023
This past year, we covered topics ranging from inflation and legislative changes to RMDs and asset allocation. Here is an overview.
How Retirement Savings are Changing in 2024
We reviewed the tax code updates for 2024. Here’s what to know about contributing to a variety of retirement accounts.
The Pros and Cons of Self-Directing Your Employer-Sponsored Retirement Account
While more investment choices may be appealing, there are some issues to be aware of before taking this direction.
Whether You Are Retiring Now or in 10 Years, the Consolidated Appropriations Act Could Help You Save
Some changes take effect this year, and others are delayed until 2024, 2025, 2026, or even 2033.
Ask the Adviser: How can I best maintain my financial plan?
Much like caring for a vehicle, financial planning is an ongoing process—not a once-and-done event.
Are Roth Conversions Right for People Over 73?
Roth IRAs are not subject to RMD rules.
Learn These IRA Rules to Avoid Costly Penalties
Full of tricky timing concerns, the rules for IRA withdrawals are commonly misunderstood. Here, we explain five of them.
Ask the Adviser: How do I shop for the best rates on my cash?
Looking for ways to make your cash work for you without committing to a long-term investment? There are plenty of options available.
Don’t Overlook These Inflation-Related Opportunities
Discover several ways to offset inflation through tax-efficient saving in 2023.
The Pros and Cons of Paying off Your Mortgage Early
Wondering whether to close out your home loan ahead of schedule? We’ll look at the benefits of doing this—and when it might be better to invest in bonds instead.
Ask the Adviser: What are the pros and cons of Series I savings bonds?
Series I savings bonds combine relatively high returns with minimal risks—as long as inflation remains elevated.
Save Early, Save Often, and Save Tax Efficiently
Opportunistic tax planning can help extend the life of your retirement savings. Here’s how.
Follow This Formula When Converting an IRA to a Roth
Here, we break down the IRS pro-rata rule—a calculation that helps distinguish pre-tax and after-tax funds.
Hardship Withdrawals – What are the Real Costs?
Withdrawing money early from a retirement account is meant to be a last resort—and can come with consequences. Make sure you know these penalties and exemptions first.
Taking Inventory with Financial Tracking Apps
If managing your financial accounts feels clunky or time-consuming, a money management app can help you track spending, savings, and performance. Here are three to consider.
It Takes Planning to Reduce Your Medicare Premiums
With appropriate income withdrawal strategies, a retiree can lessen their exposure to IRMAA surcharges.
