Building Wealth

Waiting for Fixed Annuity Rates to Rise Doesn’t Pay
annuities

Waiting for Fixed Annuity Rates to Rise Doesn’t Pay

If you like the guaranteed rates and tax deferral that fixed annuities offer, but you want to wait because you’re hoping rates will improve, think aga…
April 25, 2021
Retirement Income Plan – Better Than a Pension?
annuities

Retirement Income Plan – Better Than a Pension?

A pension’s security is reassuring, but there are some advantages to creating your own plan for retirement income using income allocation planning ins…
April 25, 2021
COVID-19 and Retirement Planning: 5 Actions to Take Now
Coronavirus and Your Money

COVID-19 and Retirement Planning: 5 Actions to Take Now

As our nation’s health situation and economy continue settling down in the wake of the pandemic, it’s time to re-evaluate where you are now and where …
April 24, 2021
5 Strategies to Teach Kids Financial Independence
personal finance

5 Strategies to Teach Kids Financial Independence

Passing down your financial know-how is an important job for parents, grandparents, aunts and uncles, but it’s easier said than done. Here are five pr…
April 24, 2021
6 Ways to Bounce Back after Being Forced into Retirement
retirement

6 Ways to Bounce Back after Being Forced into Retirement

Many folks leave their careers before they had planned, and this type of sudden retirement can be a financial shock. Here are six strategies to help g…
April 23, 2021
Did You Know Your Financial Adviser Can ‘Fire’ You as a Client? Here Are 6 Times When They Should
personal finance

Did You Know Your Financial Adviser Can ‘Fire’ You as a Client? Here Are 6 Times When They Should

It’s a sensitive topic, but sometimes it’s necessary for a financial professional to cut ties with a client. Here are six scenarios where it may be th…
April 22, 2021
Rebuilding Emergency Savings in 2021: Take a Realistic Approach
savings

Rebuilding Emergency Savings in 2021: Take a Realistic Approach

Saving for a rainy day can be a tall order, especially if you have recently experienced a financial setback. Taking even small steps can help you work…
April 21, 2021
Retirement Tips for Women – Whether You’re 22, 62 or 102
happy retirement

Retirement Tips for Women – Whether You’re 22, 62 or 102

Women of every age can benefit from the insights of this seasoned financial executive … and the wisdom of her 102-year-old grandmother. A Q&A with Nat…
April 21, 2021
Own Company Stock Within Your 401(k)? That Could Mean a Tax Advantage
Employee Benefits

Own Company Stock Within Your 401(k)? That Could Mean a Tax Advantage

Net unrealized appreciation (NUA) can be a great deal for those who qualify. Here’s a look at how it works and what type of tax savings it can deliver…
April 20, 2021
The Risk with Fixed Indexed Annuities
annuities

The Risk with Fixed Indexed Annuities

Investors looking for safety and reliability often consider annuities, but fixed indexed annuities can have some variables to them that you need to be…
April 20, 2021
Is Your Financial Plan Flexible Enough?
retirement planning

Is Your Financial Plan Flexible Enough?

As your life changes, your financial plan may change too. And that’s OK.
April 19, 2021
Wealthy Should Act Now to Prepare for Bernie Sanders’s Estate Tax Proposal
estate planning

Wealthy Should Act Now to Prepare for Bernie Sanders’s Estate Tax Proposal

Anyone with an estate of $3.5 million or more should think about getting in line now to talk to an estate professional, because offices everywhere are…
April 18, 2021
The Perfect Storm for Retirees
retirement planning

The Perfect Storm for Retirees

Today’s retirees could face a perfect storm because they are living longer and spending more time in retirement, while at the same time losing access …
April 18, 2021
4 Ways to Keep Your Taxes Down If You Are Self-Employed
tax exemptions

4 Ways to Keep Your Taxes Down If You Are Self-Employed

Whether you drive for a ride-hailing service on the side or work full-time as your own boss, these tips can help you save money when time comes to pay…
April 17, 2021
The Wrong Way to Achieve Wealth
personal finance

The Wrong Way to Achieve Wealth

For some down-to-earth, basic advice on money and life, I have a book to recommend: “Your Total Wealth: The Heart and Soul of Financial Literacy.”
April 17, 2021
Worried about Your Child’s Inheritance If They Divorce? A Trust Can Be Your Answer
estate planning

Worried about Your Child’s Inheritance If They Divorce? A Trust Can Be Your Answer

You may love your son-in-law or daughter-in-law now, but that could change down the road. So, if you don’t want your money going to your kid’s future …
April 16, 2021
Will 2021 Be the Year for Value Stocks?
investing

Will 2021 Be the Year for Value Stocks?

It’s true that growth stocks have been hotter for years, but value stocks might be ready for their day in the sun. A series of factors, including a po…
April 16, 2021
Financial Planning Lessons Regular Folks Can Learn from Professional Athletes
personal finance

Financial Planning Lessons Regular Folks Can Learn from Professional Athletes

The image we have of lucrative contracts and lavish lifestyles for baseball players and other pro athletes can be pretty far off base. In fact, these …
April 15, 2021
Uh-Oh: My Kid Wants to Be a ‘Social Media Influencer’ … What Are the Legal Risks?
careers

Uh-Oh: My Kid Wants to Be a ‘Social Media Influencer’ … What Are the Legal Risks?

Teenagers and their parents need to know there are plenty of legal consequences for this new breed of marketers, according to attorney Christy L. Fole…
April 15, 2021
What You Need to Know about College 529 Savings Plans
529 Plans

What You Need to Know about College 529 Savings Plans

Do you know how much you’re able to contribute or what the funds could be used to pay for? How about how contributing affects your taxes? Check out th…
April 14, 2021
What NOT to Do with Your TSP: 8 Thrift Savings Plan Mistakes to Avoid
retirement planning

What NOT to Do with Your TSP: 8 Thrift Savings Plan Mistakes to Avoid

Many federal workers saving for retirement in TSPs get tripped up by these common pitfalls. To help maximize your own savings, make sure you steer cle…
April 14, 2021
COVID-19 Super Savers Need to Carefully Navigate in a Post-Pandemic World
personal finance

COVID-19 Super Savers Need to Carefully Navigate in a Post-Pandemic World

The pandemic has turned many people into saving machines, which is great, but that comes with its own set of risks. These frugal folks need to be extr…
April 13, 2021
‘Gray Divorce’ Rates Are Exploding Due to This Perfect Storm
Divorce

‘Gray Divorce’ Rates Are Exploding Due to This Perfect Storm

Here’s why divorce rates among those 50 and older are booming … and what women can do to recover and rebound.
April 12, 2021
How to Pay Off $130,000 in Parent PLUS Loans for Just $33,000
Paying for College

How to Pay Off $130,000 in Parent PLUS Loans for Just $33,000

Meet Nate. He took out $130,000 in Parent PLUS loans for his kids. The standard repayment plan will cost him over $170,000. But some smart strategizin…
April 12, 2021
How to Retire Well During Difficult Times
retirement planning

How to Retire Well During Difficult Times

When the financial environment is challenging (like now), it’s important to plan ahead and avoid some all-too-common retirement mistakes.
April 11, 2021
Don’t Make the Same Mistakes in 2021 – Keep Your Retirement Plan on Track
retirement planning

Don’t Make the Same Mistakes in 2021 – Keep Your Retirement Plan on Track

Looking back at 2020 gives retirement savers a good perspective for how to proceed going forward. Staying flexible and being prepared to change course…
April 11, 2021