Financial Planning
January 9, 2015
We’ve rung in the New Year with some updates to the federal tax system. Set by Congress to keep in line with inflation, we highlight four changes that may affect your 2015 tax bill: To start with some good news, the standard deduction will increase slightly: $100 for singles, $200 for married, and $150 for head of household. For 2015, the earnings level for the 39.6% top tax rate has increased by 1.59%. It will now apply to singles earning […]
January 7, 2015
Do you make a New Year’s resolution to better manage your money in 2015? If so, we hope retirement savings will be a part of your plan. Retirement products continue to evolve, and it is important to understand how these changes will help you achieve your goals. The following are some of the changes to retirement savings in 2015: 1) myRA – There is a new Roth IRA account that is not connected to an employer. The program is available […]
November 4, 2014
In a recent article on producersweb.com, Vanessa De La Rosa outlined the findings of a recent study on the gender gap in retirement savings. Women have historically trailed behind men in their retirement savings levels, but according to the 5th Annual Transamerica Retirement Survey, the disparity is narrowing. Click here to read the full article. Producersweb.com offered the following revealing infograph. How do you feel about the state of your retirement savings?
September 17, 2014
Most of us at some point in our lives begin to daydream about that perfect retirement spot. For some it is located near grandchildren, for others the first priority is warm weather. Regardless of the details of your vision, choosing a place where you can afford to retire is imperative. WalletHub recently released a report based on its study of 150 American cities, ranking each area on retirement desirability based on criteria over five categories: affordability, activities, quality of life, […]