Every year, millions of Americans receive an inheritance—from their parents, a spouse or other loved ones. An inheritance can include many different assets, from investment accounts to real estate to individual retirement accounts (IRAs).
5 min read
Rules for IRA Inheritance
Topics: Retirement Planning Retirement Retirement Plans Individual Retirement Accounts
6 min read
What Is an IRA Rollover?
Over the course of a career, it’s not uncommon for a person to accrue a variety of retirement accounts: 401(k)s from one or multiple employers, IRA(s) with different companies, etc. But having multiple accounts with different companies can get complicated, making it difficult for you to keep an eye on fees, diversification and your overall financial picture.
Topics: Retirement Planning Retirement Retirement Plans Individual Retirement Accounts
1 min read
Your Mid-Year Retirement Planning Checklist
It's not January 1st, but who says you can't make a resolution at any time of year? Now is a great time to review your saving, investment, insurance, and tax strategies for retirement. Not sure where to start? Use this guide to make sure you don't forget anything!
Topics: Retirement Planning Financial Planning Planning in Advance Retirement Retirement Plans Individual Retirement Accounts
3 min read
Which Is Better, an Annuity or an IRA?
“Should I buy an annuity with my 401(k) or roll my 401(k) into an IRA?” Many people struggle with the annuity vs. an IRA question as they approach retirement.
Before we delve into the pros and cons, it’s important to understand the nature of each type of retirement plan. Below are brief descriptions.
Topics: Retirement Planning Life Insurance & Annuities Financial Planning Planning in Advance Retirement Retirement Plans
8 min read
What You Need to Know About Retirement Plans
When you retire, do you plan on doing one or more of the following?
- Travel the world and explore exotic locales
- Spoil your grandchildren
- Relax in your beach house or mountain cabin
- Live comfortably until you pass away
Internally, we all have big dreams for that day when we finally step down from our job and step into a life of leisure in our golden years.
But those dreams will require money. Lots of money.
Topics: Retirement Planning Financial Planning Planning in Advance Retirement Financial Literacy Retirement Plans Individual Retirement Accounts
2 min read
How Millennials Can Plan for the Future with a Financial Advisor
The millennial generation has grown up in an era dominated by rapid changes in the economy. In recent decades, the responsibility of saving and investing has been largely delegated to individuals, as opposed to previous generations where this was mainly the role of governments and employers. Improved standards of living have also translated to increased life expectancies among millennials. The implication of this is that young people today have to make sound financial decisions to achieve financial security in retirement.
