by Pam Horowitz | Apr 26, 2023 | Retirement
If you leave a job where you had a 401(k), you have four choices with what to do with it. Want to know what they are? One of the common threads of a mobile workforce is that many individuals who leave their job are faced with a decision about what to do with their...
by Pam Horowitz | Feb 14, 2023 | Retirement
Here’s a question we get a lot – what the heck is the difference between a traditional and a Roth IRA. This is a simple explanation. Traditional Individual Retirement Accounts (IRA), which were created in 1974, are owned by roughly 36.6 million U.S. households. And...
by Pam Horowitz | Jan 30, 2023 | Retirement
The Internal Revenue Service (IRS) has released new limits for certain retirement accounts for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based adjustments have reached near-record levels. Keep in mind that...
by Sowell | Dec 7, 2022 | Retirement
When it comes to retirement, women may face unique obstacles that can make saving for retirement more challenging. Given that women typically live longer than men, retirement money for women may need to stretch even further.1 Despite these challenges, a wise strategy...
by Sowell | Nov 9, 2022 | Retirement
How do you know you are psychologically ready to retire? As a start, ask yourself four questions. One, is your work meaningful? If it is emotionally and psychologically fulfilling, if it gives you a strong sense of purpose and identity, then there may be a voice...
by Sowell | Sep 6, 2022 | Retirement
Addressing the potential risks of extended term care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The U.S. Department of Health and Human Services estimates that 70% of people over age 65 can expect...
