Not much in life comes with a guarantee – annuities are an exception. These insurance contracts will guarantee you a fixed income stream in retirement. When it comes to purchasing an annuity, your current age and relation to retirement can make a big difference. However, the best age for purchasing an annuity depends on your… Read More Timing Is Everything: When’s the Right Time to Buy an Annuity?
From setting aside a portion of your earnings each year to investing for a long-term horizon, saving for retirement is a fairly straightforward concept. Once you reach your retirement date and begin drawing income from your savings, however, things begin to feel more complex and, at times, uncertain. Annuities can provide longevity insurance by protecting… Read More Thinking About Income in Retirement? An Annuity Might Be the Way to Go
Do you have a long-lost retirement account left with a former employer? Maybe it’s been so long that you can’t even remember? With over 24 million “forgotten” 401(k) accounts holding roughly $1.35 trillion in assets, even the most organized professional may be surprised to learn of their unclaimed “found” money.1 What are “Forgotten” Retirement Accounts? … Read More Find That Lost 401(k)!
Life insurance policies can offer different benefits to different people, depending on where they are in life. Term and whole-life insurance are just two types of life insurance that people can use to protect their loved ones from a variety of expenses they may not be able to take care of on their own. Learn… Read More Choosing Between Term and Whole Life Insurance: Which Is Right for You?
Have you ever set a financial goal for yourself with the best of intentions, only to find yourself derailed after a few months? If so, you’re not alone. Just look at how many people start the New Year off with a brand-new gym membership, only to stop going after a few months. Let’s get back… Read More Investment Strategy: Setting Financial Goals
If you’ve found yourself struggling financially recently or worried about spending, one way to start saving right now is by cutting back on reoccurring expenses – like grocery costs. Food is, of course, a necessity. The problem is, it’s easy to spend more on groceries than you have to – especially if you’re purchasing without… Read More Budgeting: 7 Ways to Save on Groceries
In the final days of 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement. The law is called SECURE 2.0, and it’s a follow-up to the Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in 2019.… Read More SECURE Act 2.0: An Overview
If you are the Employer, as a plan sponsor and fiduciary to your company’s retirement plan, you have certain responsibilities to ensure optimal investments, reasonable fees, and informed participants. Working with a Plan Advisor allows you to navigate this complicated field with confidence to create a best practices retirement plan that helps protect you from… Read More The Role of a Retirement Plan Advisor
Keith Weiss CFP® 