This post was last updated on February 17, 2026, to reflect all updated information and best serve your needs.
Saving money for retirement is critical, but when it comes to the types of accounts you have, it can start to get a little confusing.
This post was last updated on 16 February, 2026, to reflect all updated information and best serve your needs.
Planning for your retirement is the key to fully enjoying the fruits of your labor. Whether you have an IRA (individual retirement account), a 401(k), or other retirement account, you'll want to get the most out of it by maximizing your contributions. Understanding the IRS contribution limits will help you maximize your savings.
This post was last updated on February 17, 2026, to reflect all updated information and best serve your needs.
In addition to sounding cool, mega backdoor Roth conversions can be super helpful for long-term tax savings. For high-income earners, contributing more to a Roth account now will make retirement income planning much easier.
Annuities are often sold as "tax-advantaged," but what do taxes actually look like when you’re in retirement? It’s important to understand the "wait now, pay later" nature of tax-deferred growth and annuity taxation. Retirement isn’t the time to get caught off guard by tax surprises.
The name of the game is keeping more of your retirement check and not overpaying Uncle Sam. The first step in maximizing your tax strategy is understanding what you have and how your investments are taxed. This is an essential part of a comprehensive financial plan to make the most of your retirement savings.
This post was last updated on February 04, 2026, to reflect all updated information and best serve your needs.
Make the most of your retirement planning in 2026! No matter how much time there is between now and these deadlines, mark your calendar so you don't miss anything. Now is the time to prepare for retirement account contributions (or withdrawals).
This post was last updated on January 19, 2026, to reflect all updated information and best serve your needs.
You may have spent your whole life working towards retirement. However, as you get closer to retirement, there are so many feelings and doubts that can creep in and cause you stress. There’s no need to worry – as long as you have a plan.
This post was last updated on January 19, 2026, to reflect all updated information and best serve your needs.
Proper planning is crucial to ensure a smooth transition into a fulfilling retirement lifestyle. However, it can be really intimidating when you first get started. You aren’t the first person to retire, so you can draw on the experience of others who’ve walked this path.
This post was last updated on January 19, 2026, to reflect all updated information and best serve your needs.
For some people, the “traditional” idea of retirement just doesn’t fit their lifestyle. The idea of never working again, going to the golf course every day, or just lounging around doesn’t sound very appealing. Luckily, you can craft what your own retirement will look like – even if you don’t really retire.
This post was last updated on January 19, 2026, to reflect all updated information and best serve your needs.
Retirees who work with a financial advisor are happier and more confident in their finances and in life. Many of us have concerns about money. So, it makes sense that getting expert help would increase happiness by reducing financial stress.
The right financial planner does so much more than just help you with a 401k rollover. A true expert takes the time to get to know you and craft a detailed, thought-out plan around your hopes and dreams. The process should center around you, not your money.
Is an annuity you purchased 5, 10, or 15 years ago worth keeping? Many retirees enter retirement with more savings than they need. If you’re not sure you need your old annuity or whole life policy, you’re not alone.
It’s important to evaluate whether your old annuity contract still serves a purpose in your portfolio or if it's dragging down your retirement plan. We want to move beyond the "annuities are good or bad" debate and discover what’s best for your specific situation.
This post was last updated on December 23, 2025, to reflect all updated information and best serve your needs.
Roth conversions are among the most powerful long-term tax-saving strategies. If a Roth conversion might benefit you, the next question is how much you should convert. The right amount will vary based on your situation.
Looking for financial advice can be confusing and overwhelming. But it doesn’t have to be. The financial industry uses ambiguous and overlapping terms, but what do they really mean?
If you’re like most people, you just need an honest answer to tough financial questions. Yet, when you start looking for help, you’re met with a variety of terms like adviser, advicer, manager, and planner – all with the words financial, wealth, fiduciary, and investment added to spice things up.
This post was last updated on December 01, 2025, to reflect all updated information and best serve your needs.
Taking a pension lump sum takes careful consideration. And if you decide to take a lump sum, you’ll have to decide whether to transfer your lump sum pension payout into your 401(k) or your IRA. The decision to take a lump sum can’t be reversed, so take it seriously.
This post was last updated on November 30, 2025, to reflect all updated information and best serve your needs.
Deciding when to draw Social Security benefits is one of the most important decisions you’ll ever make as a retiree. You must carefully consider your specific situation and goals. Don’t wait until you’re eligible to make these important decisions.
The One Big Beautiful Bill affects retirees in many ways. But how will it change Medicare? Although it’s too early to tell, there will be some immediate changes and several potential long-term impacts you need to be aware of.
We provided a broader overview in our article, "How the One Big Beautiful Bill Affects Retirees." Now we’re going to discuss how this new law impacts Medicare and what you can do to prepare.
When it comes to estate planning, it’s crucial to have all of your assets and beneficiaries listed and up to date. However, because this planning can be relatively messy at times, what you want may not always come to pass. For example, what happens if your beneficiaries predecease you?
Although this situation can be rare, there’s already a process for what happens to your assets. It’s called per stirpes, and it can ensure that your money or property will pass down to living heirs should your beneficiaries die before you do.
As you begin estate planning, you will face difficult choices, further complicated by the current pandemic. However, it’s essential that you have a plan in place to protect your loved ones financially. There are many different ways you can do so.
Today, we’re going to discuss two of them. Wills and trusts are both estate planning tools, meaning they help you control who inherits your assets after you pass away. The similarities between the two end there, though.
Not everyone can qualify for a traditional life insurance policy. Depending on your health and lifestyle, an insurance underwriter might be reluctant to approve your application for a policy.
If you have only applied to a company or two, don’t give up on a traditional life insurance policy yet. Every company has different standards that they follow, and something that disqualifies you from one might not disqualify you from another.
Let’s get right to it and answer the question before getting into the details. A power of attorney is a legal action that offers someone else of your choosing to make decisions on your behalf if you’re unfit or under contract.
Its most common use is for people to have a go-to friend or family member to act on their behalf if they become sick or injured and can’t make decisions themselves. Power of attorney agreements are an essential part of the estate planning process and are usually connected to a will or trust fund.
Usually, when people think of estate planning, they imagine filling out a will or establishing a trust. However, some assets allow you to name beneficiaries directly through a process called transfer on death (TOD).
Transfer on death can be beneficial in various circumstances, particularly if you want to avoid probate. Today we’re going to discuss the ins and outs of TOD and when it is most beneficial.
