Are you and your spouse on the same page when it comes to finances and retire-ment planning? On today’s episode of How Money Works, Craig and Jennifer Moser explain why it’s so important.
While market volatility can be unsettling, it’s times like these when it’s important to remember we’re always keeping a watchful eye on your portfolio. And to help provide a little peace of mind, here are a few things to remember during uncertain times to help keep things in perspective.
Are you concerned about COVID-19, the flu, or something more catastrophic? If so, there are three health care documents everyone needs. They are a living will, a health care proxy, and a HIPPA authorization.
Outside of withdrawals, the real question is: If I make it, can I keep it? Well, one of the investments we use allows you to make it AND keep it. They are fixed indexed annuities.
Two specific topics we want to get Addison Maille's insight on are business succession planning and real estate investing tax challenges. We’ll discuss those things plus learn more about the tax planning process and what people can be doing over the second half of the year.
Be careful before diving headfirst into a Roth conversion. Evaluate your income for the year and determine how much wiggle room you have before potentially pushing into the next tax bracket. Remember that Roth conversions can impact financial aid, IRMAA surcharges and other items based on income.
With job loss can come questions of what to do with retirement savings such as your 401(k) plan. A rollover to an IRA may be good move for you. Here are three reasons why:
The recently passed CARES Act expands HSAs and what they cover. These changes allow access to more medical services without worrying about your deductible. They also allow you to take more tax-free distributions from your HSA. Here’s what you need to know.
The Coronavirus Aid, Relief and Economic Recovery Act (CARES Act) was signed into law on March 27. It includes several important retirement-related provisions. Because some of these provisions are confusing, several CARES Act misconceptions have arisen.