Sharing a roof — and money tips — with adult kids and parents
If you’re like many who are part of the Sandwich Generation, you have a busy household, often with children and aging parents or relatives all living under one roof. While…
Sandwich Generation faces unique financial challenges
Over the last fifty years, the number of people living in multi-generational households has quadrupled, with many adults sharing their homes with their parents or older relatives, as well as…
Guide to annuity taxation
When searching for opportunities to create reliable income in retirement, you may have discussed the potential benefits of purchasing an annuity with a financial professional. One important consideration when researching…
Immediate vs. deferred annuities
When selecting the right annuity contract for your income needs and retirement plan, one of the first decisions you’ll come across is choosing an immediate annuity or a deferred annuity.…
Required Minimum Distributions (RMDs) and what they mean
You've spent years saving for retirement, but you can't keep those funds in your account indefinitely. Generally, once you're 73* years old, you need to start pulling money out in…
How much should I save in an emergency fund?
Unexpected events can quickly disrupt your life and derail your financial plan. Without a safety net, these expenses may force you to tap into savings or increase credit card debt,…
What is a fixed indexed annuity?
Whether you are in or nearing retirement, you may be thinking about how your nest egg can help you achieve your financial goals in the years to come. You may…
9 steps to building a budget that works
No matter what your income is, building a budget is the first step to creating a workable spending plan. Seeing where your money is going every month can help you…
What are immediate annuities and how do they work?
If you and your financial professional are considering strategies for converting your retirement savings into a lifetime of reliable income payments, a single premium immediate annuity (SPIA) may be worth…
Commonly overlooked tax savings
Tax season is upon us, but before you file, take the time to help make sure you’re not paying more than you owe. If you’re among the Americans who typically…