We’ve all made plans that have had to change because of COVID and the recession. Some of us have stalled vacations. Some of us have downsized kitchen renovation plans. Some of us are staring at our plans to retire in 2020 and wondering, “will it still...
As we experience a market recession, are there anything proactive moves that we can do with our investments? Often these proactive strategies are ones that we must implement by coordinating between multiple professionals. This means your CPA, your CFP®, and your...
When the market has had big losses in the past, policy makers have stepped in and changed requirements for retirement accounts. Why? It is a way to keep our retirees’ livelihood sustained longer. The government would rather implement a stopgap now. It is a measure...
You’re on autopilot with your retirement accounts – for adding money or taking income. That’s perfect most of the time! However, in a recessionary period, you might reconsider your game plan. Check out Liz’s video covering the topic of adding...
It’s been a wild ride this first quarter of 2020. A double whammy, not only within the economy but as we navigate new (hopefully temporary) normals for everyday life. You will receive your quarterly statements this week. As you open the envelope, it may stir...
Some people believe Social Security is not taxed. Others believe Social Security is taxed. Depending on your financial setup, either of those could be true. So how do you calculate and find out whether you will pay income taxes on Social Security? You might want to...