Understanding your Social Security retirement benefit options can be complicated, and determining when the best time to file for your benefits can be difficult. Should you claim your benefits early or would it be more advantageous to delay? What claiming options do you have? Are there strategies … [Read more...]
Social Security Retirement Benefits
Backdoor Roth Contribution
Contributing to a Roth IRA can be an important component of your retirement savings plan. However, you may be unable to make a regular contribution to a Roth IRA if your income is too high. Thankfully there is a way around the Roth IRA’s income limit with a strategy known as a backdoor Roth … [Read more...]
Lump Sum Pension Options
Although increasingly rare, you may be a participant in an employer-provided pension plan, which can make up a considerable portion of your expected retirement benefits. If you are nearing retirement or are already receiving ongoing pension payments, you may have the option to choose a lump sum … [Read more...]
Roth IRA Contributions
A Roth IRA is a great option for those looking to save after-tax dollars, offering the opportunity for tax-free growth, and favorable distribution rules. Unfortunately, eligibility to contribute to a Roth IRA is subject to multiple restrictions, which can cause confusion when determining if you are … [Read more...]
Employee Benefit Review
I am not afraid of storms, for I am learning how to sail my ship. - Louisa May Alcott What To Know About Reviewing Your Employee Benefits Perhaps you want to... want to make sure your employer-sponsored retirement plan is optimized for your risk tolerance, financial goals, and … [Read more...]