Tax Tips for After Retirement
February 10, 2021
Most people could say they’ve had pretty uneventful tax filings for most of their life. If you worked a steady, fulltime job, for example, you probably filed your taxes during each year’s tax season—using a W2 to show what was taken out from your paycheck from the prior year, and maybe even a simple tax software or program like TurboTax to make it even easier.
Using Your Retirement Savings During An Economic Downturn
January 27, 2021
The last year has thrown us curveballs in the form of how we work, get together with friends, and spend time with our families. It’s affected little things, like how we run errands. It’s even changed how we celebrate weddings, holidays, and more. And now, it’s affecting retirement plans.
Because there are a lot of things up in the air, people are rethinking what they’re doing with their money. Some may even be tempted to use the money they’re saving for retirement to make it through this time of uncertainty. But is that the best plan for the future?
Let’s look at some of the ways you could get your hands on some of those retirement dollars, and what effect that may have on your taxes, come tax season.
Staying In Your Home as You Age
January 6, 2021
According to the Bankers Life Center for a Secure Retirement report, A Growing Urgency: Retirement Care Realities for Middle-Income Boomers, 65% of Baby Boomers would prefer to receive care in their current home.1
Does Pre-Paying for Your Funeral Protect Those You Love?
January 4, 2021
The cost of a funeral may be a lot higher than you’re expecting. And with costs rising, you may be thinking about how your family will pay for those final expenses.
Things to have on hand in case of emergency
December 28, 2020
Disasters don’t check your calendar or give you heads up before striking. They happen when you least expect it, which is why it’s important to always be prepared.
Life insurance for empty nesters
December 21, 2020
For many people, having children is the motivating factor behind purchasing life insurance—and rightfully so. The benefits of a life insurance policy can help ensure that a child’s needs will be taken care of if a parent or guardian passes away. It’s peace of mind knowing that a child’s financial future is secure no matter what happens.
