Throughout your career, retirement planning will likely be one of the most important components of your overall financial plan. Whether you have just graduated and taken your first job, are starting a family, are enjoying your peak earning years, or are preparing to retire, your employer-sponsored retirement plan can play a key role in your […]
Retirement Plan Considerations at Different Stages of Life Read More »
An important part of managing your personal finances is keeping your financial records organized. Whether it’s a utility bill to show proof of residency or a Social Security card for wage reporting purposes, there may be times when you need to locate a financial record or document–and you’ll need to locate it relatively quickly. By
Maintaining Your Financial Records: The Importance of Being Organized Read More »
Tax filing season is here again. If you haven’t done so already, you’ll want to start pulling things together — that includes getting your hands on a copy of your 2018 tax return and gathering W-2s, 1099s, and deduction records. You’ll need these records whether you’re preparing your own return or paying someone else to
Due Date Approaches for 2019 Federal Income Tax Returns Read More »
Making a last-minute contribution to an IRA may help you reduce your 2019 tax bill. If you qualify, your traditional IRA contribution may be tax deductible. And if you had low to moderate income and meet eligibility requirements, you may also be able to claim the Savers Credit for 2019 based on your contributions to
There’s Still Time to Contribute to an IRA for 2019 Read More »
From hartfordfunds.com Spark joy and part with all those old statements, tax returns, and utility bills. You just watched the show with that organizing consultant who helps people de-clutter their lives. It’s inspiring seeing others go through closets and part with useless stuff they’ve unnecessarily hung onto for years. You shut off the TV and
Tidying Up Financial Clutter Read More »
What if you’re saving as much as you can, but still feel that your retirement savings goal is out of reach? As with many of life’s toughest challenges, it may help to focus less on the big picture and more on the details. Regularly review your assumptions Whether you use a simple online calculator or
Tips for Targeting Your Retirement Savings Goal Read More »
The $1.4 trillion spending package enacted on December 20, 2019, included the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which had overwhelmingly passed the House of Representatives in the spring of 2019, but then subsequently stalled in the Senate. The SECURE Act represents the most sweeping set of changes to retirement legislation in
New Spending Package Includes Sweeping Retirement Plan Changes (SECURE Act) Read More »
Whether at home, work or on a cell phone, it’s a scenario many Americans have found themselves in: answering a phone call only to find out it’s from an unwanted robocaller. In fact, the number of unwanted robocalls in this country has skyrocketed in recent years. The Federal Communications Commission (FCC) ranks unwanted robocalls highest
TRACED Act Offers Consumers Additional Protections Against Robocalls Read More »
According to a recent survey, 76% of Americans reported having at least one financial regret. Over half of this group said it had to do with savings: 27% didn’t start saving for retirement soon enough, 19% didn’t contribute enough to an emergency fund, and 10% wish they had saved more for college. The saving conundrum
Hindsight Is 2020: What Will You Do Differently This Year? Read More »
From The Balance The New Year is a great time to overhaul your life for the better. One excellent place to start is by making solid financial resolutions that can help get you closer to your money goals, whether it’s increasing your retirement savings or setting enough money aside for a down payment on a house.
Financial Resolutions for the New Year Read More »
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