What Changes Are Coming to Social Security in 2023?

If you're heading into retirement, there are some essential things you need to know about Social Security benefits. Here are eight significant changes coming to Social Security in 2023. 1. Social Security and Supplemental Security Income (SSI) Increase Social Security and SSI for about 70 million Americans are set to increase by about 8.7% in 2023. The increase is[...] Continue reading

Smart Tax Tips For Year-End & Beyond

https://www.youtube.com/watch?v=jJjLfXZ0gu4 This provides detailed information on several clever end-of-year tax strategies and planning tips for the future. Consider these methods if you're looking for quick ways to get started before the year ends. Accelerating Deductions Reducing your income on paper can lessen your tax burden. This tax planning strategy can look[...] Continue reading

Intro to SECURE Act 2.0

The SECURE Act 2.0 is an update to 2019's original SECURE Act — or the Setting Every Community Up for Retirement Enhancement Act. The first version of the SECURE Act brought numerous changes to required minimum distributions (RMDs), traditional individual retirement account (IRA) contributions, annuity offerings, and 529 plans. The SECURE Act 2.0 seeks to expand[...] Continue reading

Saving for retirement isn’t your emergency fund

Saving for retirement early on in your career is something we stress to clients, friends, family and anyone who will listen. Getting on track for your financial future is really key and using the power of compounding can greatly improve your financial status in your post-working years. But, it’s important to remember that this is not the same as your savings account in[...] Continue reading

Making Moves: Financial Considerations for Retirement Relocation

Retirement is a time full of new choices and exciting change. One of the biggest changes we often see individuals and couples make is opting to move across state lines, or even abroad, where they can start fresh and enjoy their golden years in a new location. However, as with any move, retirement relocation does come with a unique set of considerations that pre-retirees[...] Continue reading