Over 50 and a woman? Better get saving for retirement
by Ivana Kottasová @ivanakottasova Women who hit 50 without any retirement savings may have to stash away half their paychecks if they want their golden years to be comfortable. The average 50-year old single female New Yorker has to start saving
Student Loans Meet Retirement
by Bondar&Associates The burden of student loans is typically associated with recent college graduates or young professionals, but the number of consumers age 60 and older with student loan debt quadrupled from 2005 to 2015 (see chart). During this period,
Discussing finances with your family: Ideas and inspiration
TALKING NOW CAN SAVE HEARTACHES AND HEADACHES LATER. “How will we manage the bills while Dad is in assisted living?” “Have you designated a durable power of attorney?” “Where does Mom keep her will?” “Has anybody found the key
Millennials: Are you a financial grown-up?
– By : Lisa Kiplinger , USA TODAY / Date : 03-Oct-16 Believe it or not, the eldest of the Millennials are getting ready to turn 35. There’s no denying it: You’re truly grown-ups, getting married, having kids and firming
ARE YOU PREPARED FOR NEW OBAMACARE TAX FORMS?
For tax year 2015, millions of Americans will be getting a new tax form related to health care reform measures. Will you know what to do with yours when it arrives? The Affordable Health Care Act, colloquially known as “Obamacare,”
NEW QLAC CHANGES PROMOTE GUARANTEED INCOME LATER IN LIFE
With the goal of promoting guaranteed income later in life, recent regulatory changes provide increased flexibility as to how qualified assets may be distributed. This is a significant advantage for millions of Americans who are planning for, or already in,
RETIREMENT PLANNING FOR THE 51%: 3 RIIA SPEAKERS WEIGH IN
What are the typical financial and nonfinancial needs of women preparing for retirement? How might those needs change over time and impact the retirement plan? Which specialists should insurance and financial service professionals be partnering with to best serve women
YEARLY CONVERTIBLE TERM
Affordability is key. Yearly Convertible Term is temporary life insurance protection at an affordable initial premium. This type of policy is renewable each year, which means you may renew the policy annually (until the expiry age which varies by state)
PAYING OFF STUDENT LOANS WITHOUT SACRIFICING YOUR LONG-TERM FINANCIAL HEALTH
You don’t need us to tell you how the cost of getting a college education has gone through the roof. According to the College Board’s “Trends in College Pricing 2013” report, the average tuition and fees totaled $22,203 and $30,094
TAX CONSIDERATIONS IN RETIREMENT.
The amount of tax you owe at retirement depends not only on your income, but also on the type of your retirement plan and the timing of your withdrawals; you’ll want to consider retirement strategies that provide tax-deferred growth and
USING LIFE INSURANCE TO RETAIN MVPS
Employee turnover is increasing as the economy and job market continue to improve. As a result, 63% of companies now say that employee retention is a top concern, and about half of all employers report a lack of skilled applicants