Financially Speaking Blog
SECURE 2.0 Act Expands Early Withdrawal Exceptions
Expanding Early Withdrawal Exceptions! Tax-advantaged retirement accounts such as 401(k) plans and IRAs are intended to promote long-term retirement savings and thus offer preferential tax treatment in return for a…
What To Include in Your Retirement Budget
As you prepare for retirement, there are a number of things you can consider when making a budget. A U.S. News and World Report article, 10 Costs to Include in…
The Importance of Turning 65
Turning 65 Can Be A Momentous Birthday! An AARP article 5 Things You Need to Know About Finances When Turning 65 provides some potentially useful information about why turning 65…
Social Security Offers Benefits from Birth Through Old Age
The bulk of Social Security benefits go to retirees, but Social Security is much more than a retirement program. Most Americans are protected by the Old-Age, Survivors, and Disability Insurance…
How to Reduce Taxes on Retirement Savings
With an appropriate strategy, you may be able to reduce taxes on your retirement savings. Although financial services professionals don’t give tax or legal advice, a U.S. News and World…
Could Your Living Situation Change as You Grow Older
Recent research from the U.S. Department of Health and Human Services suggests that most Americans turning age 65 will need long-term care support during their lifetimes.¹ If the need arises,…