by Christina Minton | Mar 6, 2023 | Retirement
Is a Roth IRA right for you? If you are looking for tax-free income and more flexibility during retirement, perhaps you should look into investing in a Roth IRA. While Roth IRA contributions are not sheltered from current taxes like contributions to traditional IRAs,...
by Christina Minton | Dec 26, 2022 | Retirement
Even those in their 20s should review this tip! Although you won’t become eligible for Social Security until your 60s, there’s a lot you can do to prepare before then. Here’s a rundown of steps you can take during each decade of your life: In your 20s: If you’re like...
by Christina Minton | Dec 12, 2022 | Retirement
Towards the end of the year, many are undergoing an annual review of their retirement funds. It certainly was a tough year and one of the decisions many parents are grandparents are facing is the difficult decision to either save for retirement or use funds to pay for...
by Christina Minton | Oct 24, 2022 | Retirement
How much you pay and checks received are all going up! The Social Security Administration announced a whopping 8.7% boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2023. This is on the heels of a 5.9% increase last year. The...
by Christina Minton | Jul 11, 2022 | Retirement
One of the basics when considering how to fund your retirement is to be as tax efficient with your income as possible. In 2022, income tax rates range from 0 to 37 percent, plus a potential 3.8 percent net investment tax. Understanding how these progressive tax rates...
by Christina Minton | Jun 27, 2022 | Retirement
Want money when you retire? Here are some tips. Here are five common retirement planning ideas and what you can do to take advantage of them. The key is retirement planning starts now, not decades from now when you are reaching retirement age. 1. Having a plan...
