How To Check On Your Social Security Benefits Before Retiring
As retirement approaches, estimating income for the retirement years is critical in planning for living and leisure expenses. It is suggested to request an updated...
Category: Financial Planning
Conversion of Traditional IRA to ROTH
Example # 1 – Full Conversion Harold has two IRA accounts. One is a contributory IRA and the other is a SIMPLE IRA and the...
Benefits Of A Trust Versus A Will
A properly drafted will or trust is essential for anyone that has assets to leave to heirs. Either a will or a trust allows you...
Older Americans Still Holding On To Student Debt
There are now about 8.5 million Americans over the age of 50 that are still paying off student loans, representing the fastest growing amount of...
CD Rate History – Historical Note
Not since the days of inflation and high interest rates have Certificates of Deposits (CDs) been perceived as a viable source of income for retirees...
Chinese Government Introduces Its Own Cryptocurrency
The onslaught of digital currencies has been an area of curiosity for central banks worldwide. Still in the exploratory stages, central banks, such as the...
Rates Rise Slightly In November – Fixed Income Update
Rates rose slightly in November, with the benchmark 10-year treasury bond yield approaching levels not seen in nearly six months. As the yield on the...
Medicare Coverage Heading Into 2021 – Retirement Planning
With open enrollment upon us, millions of Americans will be deciding on which, if any, changes to make to their Medicare coverage. The Open Enrollment...
How Lower Credit Limits Affect Your Credit Score Due To The Pandemic – Personal Finance
Millions of Americans are having their credit scores adversely affected by the pandemic, as banks and finance companies modify the extension of credit. As consumers...
Inflation even higher for those over 62
Data compiled by the government via the Bureau of Labor Statistics (BLS) maintains a separate tally of inflation for people over 62. The rarely heard...