Windfall Elimination Provision
If you will receive a pension in retirement, you may not be aware that your Social Security benefit may be reduced as a result.
If you will receive a pension in retirement, you may not be aware that your Social Security benefit may be reduced as a result.
Jennifer Thomas, CFP® answers a listener’s question on what to do with an inherited IRA.
Bil Lako, CFP® and Dr. Gene Henssler discuss why some seniors have considered delaying retirement.
Dr. Gene and Bil Lako, CFP®, discuss retirement numbers and how the Ten Year Rule is applied to a retirement account.
The "Money Talks" hosts explain how if a 25-year-old investor were to forgo making a $5,000 IRA contribution, the cost of that decision in the long run could be $140,512.
Financial Planners Bil Lako, CFP® and Wes Hackney, CFP® discuss when to collect Social Security benefits.
About three months before your birthday, taxpayers should receive their "Earnings and Benefits Estimate Statement" from the Social Security Administration. This annual report will give you an idea of how much you may receive in Social Security when you retire. For a description of the information you will find on this statement, read this Financial Strategy.
Bil Lako, CFP® and Dr. Gene discuss some of the major considerations for converting a Traditional IRA to a Roth.
Portfolio Director Ted Parrish, CFA, offers a listener advice on moving funds from an Index Fund to an Index ETF to save on ongoing expenses.
If you are approaching retirement, before you plan your party, you need to consider how you will pay for health care coverage once you are no longer employed. Many retirees significantly underestimate how much they need to pay for medical expenses. For a close look at the questions you need to find answers to and items to discuss with your financial planner about health care in retirement, read this Insurance Know-How.