From SECURE Act to SECURE 2.0: Is Your Estate Plan Safe?
The ever-evolving legislative landscape provides both challenges and opportunities when it comes to making plans for your retirement and your estate. A key focus: tax planning.
Long-Term Care Planning vs. Taxes: Finding a Healthy Balance
Many families discover that trying to mitigate the cost of long-term care can conflict with another common retirement concern - reducing taxes for retirees and their heirs.
The return of inflation was one of the biggest stories of 2022. American consumers were coping with price increases the likes of which they hadn't seen since bell bottoms were the rage. So it's only natural for people to be nervous about what's in store on the inflation front in 2023.
Retirees and those nearing retirement are facing a slew of new financial challenges as their dollars stretch thinner amid a boom in living costs, inflation, and other economic pressures.
1 Out of 5 Millennials Believe They Will Never Retire
Many of us in the working world dream of retirement — but a good portion of millennials don’t think they’ll ever make it to this phase of life. A recent GOBankingRates survey found that about 1 in 5 millennials (19.6%) believe that they will never be able to retire — and they have legitimate reasons to feel this way.
Managing Your Money: Strategies to Consolidate Multiple Debts
Debt consolidation is when an individual avails of one large loan and pays off several smaller debts. Some borrowers can benefit from a debt consolidation loan, which could include a lower interest rate or a monthly payout — or in some cases, both.
With COVID-19 shutdowns easing across the country, many Americans are finding themselves in a time of transition. If you’re switching jobs, working on your health or trying to pay off a debt, a short-term life insurance policy could cover you until your situation changes.