On December 19, 2019, the Setting Every Community Up for Retirement Enhancement Act of 2019, better known as the SECURE Act—which originally passed through the House in the spring—was finally approved by the Senate as part of an end-of-year appropriations act and accompanying tax measure. The new law, signed by President Trump on December 20, is mainly intended Read more
Retirement
Retiring? Oh, the Places You (Might) Go
Whether you’re facing imminent retirement or just daydreaming of the far-off day you can hand in your ID badge and office keys, one thing you won’t find a shortage of is advice: from what kind of insurance you’ll need to when to collect Social Security to the best place to retire. So, where should you Read more
Futureworld: 401(k), IRA, and Other Ways to Retire
Contemplating the future can be daunting – after all, it’s unpredictable. But if your future includes a secure retirement (and it should), one thing is very predictable: you will need money to maintain yourself and your loved ones. It’s always advisable to have a retirement plan – but which one? This is a choice only you Read more
Annuities Explained: Types, Fees, Taxes & What Investors Should Know
An annuity is a contractual relationship between an investor and an insurance company that is designed to meet retirement or other long-range cash flow goals. As insurance products, annuities are defined by a contract between the investor and the issuing insurance company. In this contract, the insurance company usually agrees to make either a lump-sum Read more