News

23
Sep

Considering Buying a U.S. or Foreign Vacation Property? Be Tax Aware

With real estate prices recovering to where they were pre-2008 in most of the U.S; many people are buying U.S. vacation homes, and homes abroad for various reasons. The appeal of international vacation property is at an all-time high as property overseas continues to cost less than near home, even in high-destination areas. A growing trend among younger Americans (Generation X and Millennials) is Co-Ownership of vacation homes versus vacation timeshares. Co-ownership is appealing to those who understand the equity benefits of owning versus renting a vacation timeshare.

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18
Sep

Your 2019 Financial Calendar

There are 12 Months, 52 weeks, 365 days, 525,949 minutes in a year. From holidays, to appointments and birthdays, a lot can happen and even more can be forgotten.

To help you worry about less and focus on more; here’s 5 important dates you should remember when it comes to planning your financial journey:

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18
Sep

Love Retirement & Spread #annuitylove

Valentine’s Day is the celebration of love around the world. It is a chance to celebrate the joy found in companionship, in a family, in friendship, a social group, or even retirement.

Retirement is a well-deserved reward after years of hard work in the workforce. Everyone’s idea of retirement is different. Some are most looking forward to a European adventure, while others plan to visit grandchildren or catch up with old friends.

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18
Sep

How the New Political Landscape Impacts Retirement

Last year, our study on America’s workforce showed that over one-third of workers from small businesses say that their employer is “not helpful at all” in terms of retirement planning and that one in eight workers are not offered any type of retirement plan from their employer. This leads to retiring later and a “do it yourself” retirement for many workers. But these retirement security issues aren’t going unnoticed and policymakers at the state and federal level are taking a closer look at the issues around retirement security and proposing solutions.

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18
Sep

National Women’s History Month and the State of Retirement Preparedness for Women

National Women’s History Month is a time to look back at the vital role women have played throughout history. In every industry, women are natural leaders and change makers – from Congress to financial services. In addition to driving change around women’s rights, many women in leadership are addressing income disparity and improving retirement security for women.

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18
Sep

NCPW: How planning for retirement can be empowering, not frightening

March celebrates National Consumer Protection Week (NCPW), a time to help people understand their consumer rights and make well-informed decisions about money.

No matter your age, some of the most important financial decisions you will ever make relate to retirement. With U.S. adults living longer—and thus spending more time in their post-working years—56 percent of Americans admit they are unsure if their retirement savings will last their lifetime. Additionally, nearly 90 percent of Americans are not very confident in their overall retirement savings situation.

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18
Sep

3 Tips to Spring Clean Your Finances

With the official start the Spring being March 20th, the entire country can now start shedding layers after a record-breaking winter. Along with spring comes nice temperatures, fresh crisp smells, and most importantly, spring cleaning. Typically, spring cleaning will consist of throwing out or donating unused items, organizing the house and cleaning the shed no one has touched since last spring; however, Spring is also a great time to clean up.

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18
Sep

Financial Literacy Month: Five Resources to Jumpstart Your Retirement Planning

April is financial literacy month and a reminder to examine your personal finance habits. A key element of financial literacy is how well-prepared you are for retirement.

Unfortunately, few Americans are looking forward their post-working years. Our 2017 survey found nearly 90 percent of us are not very confident in our overall retirement savings. Beyond that, 56 percent admit they are unsure if their retirement savings will last their lifetime, and one in five have nothing saved for retirement at all.

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18
Sep

Two Tax Questions to Ask Yourself About Retirement Planning

Tax Day is just around the corner, and now is a good time to review your financial habits and goals, particularly as they relate to retirement planning. This reflection is also timely because retirement preparation can have significant tax implications—ranging from whether you can deduct your account contributions to which tax rates apply when you start making withdrawals.

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18
Sep

10 Myths About Annuities You Shouldn’t Believe

While annuities have long been a viable retirement option, those new to retirement planning may discover a bit of misinformation about them. If you’re considering annuity-based products—such as fixed index annuities—as a way to boost the diversity of your retirement portfolio, it’s important to separate misconceptions from reality. Here, we’re busting 10 myths about fixed index annuities (FIAs) by providing the facts.

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