News & Insights
Strategic Social Security: Timing Your Benefits for Long-Term Success
Deciding when to claim Social Security benefits is one of the most pivotal choices you'll make as you approach retirement. This decision affects not just your income but also your overall financial strategy and the legacy you leave behind.
Building a Stronger Retirement Plan for Your Employees
Did you know that even a small percentage in fees can erode an employee’s retirement savings by hundreds of thousands over the course of their career? For employers, this means the fees attached to retirement plans aren’t just an afterthought—they’re a key factor in shaping the financial future of your workforce.
Preserving Wealth Through Lifetime Giving: A Strategic Approach
Estate planning is a crucial aspect of financial management, especially for individuals with substantial assets. With the ever-changing landscape of tax laws, one effective strategy for preserving wealth and minimizing the burden of federal estate taxes is lifetime giving. This approach not only allows individuals to transfer wealth to their loved ones during their lifetime but also offers significant tax benefits. As we approach the sunset of the Tax Cuts and Jobs Act in 2025, understanding and implementing lifetime gifting is especially important.
Taking Your 401(k) Plan to the Next Level: A Guide for Businesses Owners
One of the most effective ways to show that you have your employees' best interests in mind is by offering a robust retirement plan. A 401(k) plan is not just a perk; it's a strategic investment in your workforce that can yield significant returns for your business.
Navigating Healthcare Expenses in Retirement: Essential Tips
Healthcare expenses can be unpredictable and substantial, making it essential for retirees to plan effectively. Here are key strategies to manage these costs and ensure a more financially secure retirement.
Your Number Will Change
"Retirement" is not defined by age. Rather, we define "retirement" as the time when work becomes optional. That is, you believe you have enough money to sustain yourself for the rest of your life. But a funny thing happened along the way!