Social Security’s Big COLA Increase . . . Bahhh Humbug!
While a 5.9% increase sounds pretty impressive, you need to understand the “fine print” – that is, that the conditions that caused this increase are actually a source of some bad news.
Will Democrats End These Popular Retirement Planning Loopholes?
Changes in laws can happen at any time and have a dramatic effect on retirement plans. These changes all point to a crucial component of retirement planning – your retirement system is not a once-and-done task.
Social Security & Medicare Are in Trouble . . . And the Solutions Might Hurt
Our country is facing some critical challenges to keeping Social Security and Medicare solvent. In this week’s article, I’ll outline some solutions being tossed around and what their potential consequences could be to you.
The ‘Backdoor Roth IRA Contribution’. Is it Right for You.
The “Backdoor Roth IRA Contribution” is a workaround that enables “high-income” savers to sidestep the income restrictions and reduce taxable income. So how does it work? Let me share the details with you.
Are You Harboring False Beliefs About Annuities?
If you don’t take time to truly understand financial concepts that affect your retirement, you could be making a mistake that has great consequences. One common misconception is a misunderstanding of fixed and fixed-indexed annuities.
Whatever Your Politics, We All Agree on One Thing – Retirement Security Is at Risk
There’s little difference between Democrats and Republicans in their belief that retirement security is a problem for the country. Reaching a secure retirement isn’t a left or right political consideration, it’s something we’re all reaching for.
Should You Consider Bitcoin for your Retirement System?
This week with our time together, I dig a bit deeper into Bitcoin and some things to consider when thinking about using it to help fund your retirement.
How Big of a Hit Will Your Social Security Take? Your Age Matters
Confidence in social security benefits has waned recently, for good reason. How big of a hit will your social security take? This week I discuss challenges with social security and how to manage your risk.
Biden’s Proposal to Tax the Rich
This week I dig into some of the key points of the Biden tax proposal to help you better understand if – or how – you might be affected.
Taxes & Your Retirement Plan
This week I’d like to highlight a few of the more common taxes that can sneak up on even the best retirement plan, and some strategies to potentially mitigate them.