Blog & Articles

Tax Considerations for Retirees

March 30, 2020

The federal government offers some major tax breaks for older Americans. Some of these perks deserve more publicity than they receive. At age 65, the Internal Revenue Service gives you a larger standard deduction For 2020, standard deductions look like this for taxpayers 65 and…

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A Retirement Fact Sheet

March 25, 2020

Does your vision of retirement align with the facts? Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you.  Up to 85% of a retiree’s Social Security income can be taxed. Some retirees are taken aback when they discover…

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Should You Care What the Financial Markets Do Each Day?

March 17, 2020

Investors are people, and people are often impatient. No one likes to wait in line or wait longer than they must for something, especially today when so much is just a click or two away. This impatience also manifests itself in the financial markets. When…

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A Roth IRA’s Many Benefits

March 11, 2020

The IRA that changed the whole retirement savings perspective. Since the Roth IRA was introduced in 1998, its popularity has soared. It has become a…

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The Major Retirement Planning Mistakes

March 5, 2020

Much is out there about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Aside from these blunders, some classic financial missteps…

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2019 IRA Deadlines Are Approaching

February 20, 2020

Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. A new federal law must be noted here.…

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Health Care Costs Are Cutting into Retirement Preparations

February 6, 2020

You may have seen this statistic before or one resembling it: the average 65-year-old retiring couple can now expect to pay more than $250,000 in health care expenses during the rest of their lives. In fact, Fidelity Investments now projects this cost at $285,000. The…

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What Does the SECURE Act Mean for Your Retirement?

February 2, 2020

The government passed a year-end spending bill in December, and it included one piece of legislation that could have a big impact on retirees. It’s called the SECURE Act. The bill’s name is an acronym for Setting Every Community Up for Retirement Enhancement. The legislation…

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