A solid financial plan is one of the most important things you can offer yourself and your family.

Medicare IRMAA Assessment, What Is It And Why Should You Care?

When it comes to Medicare, do you get confused about the details? Not only do you need to know all of the different parts of the program, you must also be aware of the penalties that can be assessed if you join late. Now there is a surcharge if you make too much money, you [...]

By |2021-10-26T18:34:30+00:00October 26th, 2021|Financial Planning, Retirement Planning, Social Security|

Rich Get Richer, Poor Get Poorer – What about the Middle Class?

In September 2013 a UC Berkeley study found that the wealthiest 1% of Americans saw their income grow by 31.4% between 2009 and 2012. Also it was discovered that income inequality in the United States was the highest since before the Great Depression. One reason why most in the middle class cannot move to a loftier position is our tax system. Workers are taxed at a different rate than investors — the difference between earned income and dividend and capital gains taxation is significant.

By |2021-10-26T17:41:33+00:00October 26th, 2021|Financial Planning|

Variable Annuities | Tips to fully understanding variable annuities

If you are considering the purchase or if you already own a variable annuity make certain you fully understand how they work. Annuities can be a good decision and they can also be your worst nightmare. The difference depends on how the benefits of a variable annuity can benefit you Listed below are 10 things to fully understand before buying a variable annuity.

By |2021-10-26T08:31:38+00:00October 25th, 2021|Annuities, Financial Planning|

Money Management Mistakes To Avoid

Financial planning can be a challenge, which is why it is always a good idea to enlist the expertise of a skilled personal financial planner, who can help you maximize your savings strategies. Here are some of the most common money management mistakes that you should avoid in order to achieve a more successful financial future.

By |2021-10-26T08:15:52+00:00October 25th, 2021|Financial Planning|

The Sequence of Return Risk 

Retiring successfully versus retiring with struggles might often be a matter of good luck versus lousy timing. This is especially true if you choose to keep your qualified 401(k) plan in mutual funds while moving into your Golden Years of Retirement. woman hand putting money bank note dollar into piggy for saving money wealth [...]

By |2021-10-26T17:41:13+00:00October 22nd, 2021|Annuities, Financial Planning, Retirement Planning|

Corporate Bonds, How Safe are They and What Happens if a Company Defaults.

Bonds are backed by the financial strength of the bond issuer. If the bond issuer is not able or chooses not want to pay, a bond can be in default. The reasons for default can vary from inability to pay to a desire to reduce the actual bond’s obligation. While US Treasury securities never default, corporate bonds default on a regular basis.

By |2021-10-21T16:19:42+00:00October 21st, 2021|Financial Planning|

7 Shortcuts For Major Money Hassles

Hassle-free means less stress   One: Ace Your Retirement By the time you're 65, you'll need to have socked away about $25 for every dollar you expect to withdraw annually. That means that throughout your working life you must save. And save. And save. Oh, and don't forget picking investments and managing your portfolio year [...]

By |2021-10-20T16:08:49+00:00October 20th, 2021|Financial Planning|

Stop Identity Theft Before It Happens

In today’s world, especially the digital world, people constantly leave behind little pieces of themselves. These pieces, while small, are a part of a larger picture, your identity. Please do not underestimate the resourcefulness of identity thieves, and your trash might be their treasure. According to the Federal Trade Commission, over 800,000 identity theft cases [...]

Six Reasons Federal Employees Might Choose Private Insurance Over FEGLI

"If you are a government employee participating in the Federal Employees' Life Insurance program, you should plan to know you have other options."-Angie Politarhos. If you're a government employee, you know that FEGLI, an acronym for Federal Employees' Group Life Insurance, is a life insurance program offered to government workers. FEGLI is, in fact, the [...]

By |2021-10-15T00:04:49+00:00October 14th, 2021|Financial Planning, Insurance, Retirement Planning|

What should you do with your TSP if the markets become volatile?

“TSP owners should be wary of volatility in the markets and have a plan of action ready to deploy.”- Joe Runza If you're one of the nearly 100,000 TSP millionaires who invested for the long term by putting cash in the C, S, or I funds, you've probably done very well over the last few [...]

By |2021-10-14T18:04:02+00:00October 14th, 2021|Financial Planning|