Understanding the Required Minimum Distribution

May 6, 2019

In an effort to encourage workers to save for retirement, the United States government allows individuals to save part of their income tax-deferred into retirement accounts. Workers do not have to pay taxes on these funds or on the investment gains until the money is withdrawn from the account as income, usually during retirement.

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Discussing the In-Service Rollover

February 20, 2019

A 401(k) plan is a great vehicle for employees to save for retirement. The money invested into this employer-sponsored retirement plan is saved pre-tax and grows on a tax-deferred basis. Taxes on this deferred income are not paid until the money is withdrawn from the plan, usually in retirement. Read more

2018 Tax Saving Strategies

December 5, 2018

With 2018 coming to a close and the 2019 tax season fast approaching, there is still time to take advantage of some tax-saving strategies for this year. Below are four year-end tax tips that could be useful whether you are trying to maximize your refund or minimize what you owe. Read more

The Do’s and Don’ts of Retirement Planning

August 30, 2018
Retirement is one of the most important life stages a person will go through, and with people living longer (1), the need to properly plan for retirement is critical. This can be a daunting undertaking. Let’s look at some key points that can get you on the right track to planning a successful retirement. Read more

4 Ways to Lower Your Tax Bill

January 18, 2018
With the start of a new year, we look forward to the arrival of spring and sunnier days, but January also marks the beginning of the often dreaded tax season. While some of us get excited for a long-awaited tax refund, many stress over getting their taxes filed correctly and paid on time. The December passage of the Tax Cuts and Jobs Act into law means the upcoming tax season may be all the more stressful as Tax Day nears. With this in mind, we want to discuss four tax strategies that could help you save money on your tax bills in 2018. Read more

Combating Stress at Work Through Financial Wellness

January 5, 2018
Dealing with personal finances can be stressful, and that stress can have a negative impact on several aspects of a person’s life including personal relationships, physical health and performance on the job.

A 2015 survey by the American Psychological Association found money was the top source of stress for American adults. (1) Whether it is worrying about debt, paying bills or planning for retirement, financial concerns are at the forefront of our psyche. Read more

Planning for Your Special Needs Child – Key Dates

December 1, 2017
Planning for your special needs child often focuses around public benefits and preserving those benefits through a Special Needs Trust.  These are certainly important components of Special Needs planning.  However, there are important time critical steps to take as your special child develops into an adult.  Here is a summary of some of those steps: Read more