Decoding IRA and 401(k) Rollovers: A Smooth Transition to Retirement
How to Maximize Retirement Accounts from Former Employers The journey to retirement spans a lifetime, marked by the pursuit of a fulfilling post-work life. Many Americans switch employers during their careers, resulting in the retention of 401(k) accounts from previous jobs. However, these dormant accounts – sometimes referred to as “orphan 401ks” remain stagnant, unable to receive contributions or management from former employers. One solution is to explore 401(k) and IRA rollovers. In essence, these maneuvers allow you to transfer the balance from inactive retirement accounts to active ones, providing control and the ability to continue contributions. This article […]
Key Birthday Milestones for Retirement Planning – Ascension Providence
As you near your retirement, there are certain birthday milestones to be aware of when it comes to securing a financially independent future. Specific ages have big implications when it comes to financial planning and your retirement! It’s important for you to be aware of these milestones so you can start planning now.
Key Birthday Milestones for Retirement Planning – Ascension Sacred Heart
As you near your retirement, there are certain birthday milestones to be aware of when it comes to securing a financially independent future. Specific ages have big implications when it comes to financial planning and your retirement! It’s important for you to be aware of these milestones so you can start planning now.
Retirement Account Options for Entrepreneurs
Are Any of These Six Common Options the Right Retirement Plan for You? If you’re an entrepreneur, you know there are many benefits. You get to be your own boss, make your own hours, and spend your working days on building something you’re passionate about. Of course, you must give up things like structure and job benefits in favor of this freedom and flexibility, and you’ll need to take matters into your own hands when it comes to your retirement plan, too. Luckily, an entrepreneur has many favorable options to choose from. Read on to learn about six of […]
10 Steps to a Happy and Healthy Retirement
After Decades of Hard Work, You Deserve a Fulfilling Retirement Most of us spend our working years with one overarching goal in mind: retirement. You plan and save and invest, all so that when the day comes, you can finally enjoy the golden years you’ve dreamed of. Of course, many retirees find themselves struggling to transition away from the busy working world and to design a new day-to-day lifestyle that feels meaningful. Use the tips below as a guide as you work to clarify and create the happy and healthy retirement you deserve.
Understanding Retirement Planning Changes in the SECURE Act 2.0
Learn About Important and Far-Reaching Provisions that Could Impact Your Financial Future On December 29, 2022, President Biden signed a bipartisan budget bill that included many retirement savings changes, referred to collectively as the SECURE Act 2.0. It reshaped retirement tax incentives and existing retirement account rules in ways that are likely to have consequences for years to come. Supporters of the legislation say it will encourage stronger retirement savings among workers, while others have expressed concern that some of the provisions expressly benefit high-earners only. Regardless of where you stand on the efficacy of the legislation, it’s important […]
Plan Ahead to Meet Rising Retirement Healthcare Costs
Protect Your Financial Future by Taking Action Today With healthcare costs on the rise, American retirees must prepare to afford significant health and medical expenses in retirement. While strategizing ways to cover retirement healthcare costs isn’t new, many retirees today are finding themselves without access to the employer- or union-sponsored retiree health benefits that previous generations depended on. This means that Americans who are currently planning for retirement need to be sure they are adequately prepared for the impact that healthcare costs may have on their long-term financial security. Use the tips below to empower yourself to meet future […]
Three Retirement Planning Resolutions for the New Year
Focus on These Key Areas to Prepare for the Retirement of Your Dreams The end of one year and the start of the next is a time when many of us set goals and make resolutions to improve our lives in areas that are meaningful to us. If you’re considering your finances in the new year – and especially your retirement plan – then these three retirement planning resolutions may help you sharpen your focus and get ever closer to the retirement of your dreams.