Are you worried about your retirement security? You’re not alone With so many companies struggling to keep their pension promises, understanding whether your pension plan is underfunded could be crucial for your financial future. I’ve spent countless hours researching this topic, and I’m here to share everything you need to know about identifying underfunded pension … Read more
Important information – the value of investments and the income from them, can go down as well as up, so you may get back less than you invest. Most of us know we need to save for our future – but how much is enough? There are several ways you can answer that question. You … Read more
Are you worried about creditors coming after your hard-earned money? You’re not alone Many people face financial challenges that might lead to debt collection efforts, including bank account garnishment The good news is that not all bank accounts can be touched by creditors. In this comprehensive guide, I’ll walk you through the types of bank … Read more
As a part of the Coronavirus Response and Relief Supplemental Appropriations Act recently signed into law, the IRS announced that they have begun issuing a second round of stimulus payments to eligible tax filers. Here are answers to some of the top questions you may have about the second stimulus checks. For information on the … Read more
Ever stood at your mailbox wondering if there’s any way to get a bit more from Social Security? You’re not alone. One of the most common questions I hear from readers approaching retirement is whether they can somehow collect two Social Security checks at the same time. It’s a fair question – after all, many … Read more
Ever contributed too much to your Roth IRA and panicked about potential penalties? Trust me, you’re not alone I’ve been there, staring at my account balance wondering, “Can I take this back or am I stuck paying that dreaded 6% penalty?” The good news? You absolutely can recharacterize an excess Roth contribution – and I’m … Read more
Learn how to open a Roth IRA, from checking eligibility to choosing investments or maximizing your retirement savings. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this … Read more
If you are in your sixties, just coming up to official retirement perhaps, and you were just beginning work in the late 1970’s, then it is likely you will remember SERPS (a financial system designed by the government of the day to complement the State Pension) to a degree. But for young workers in the … Read more
When someone dies and leaves behind owned items without provision for distribution in a Will or by the title of the property with a joint owner or beneficiary listed, they may undergo the probate process. The probate court will remove the decedent’s name as owner of these estate assets and transfer them to those who … Read more
Have you ever felt overwhelmed by all the fancy investment jargon and complicated strategies? I definitely have! When I first started investing I was bombarded with terms like derivatives leveraged ETFs, and technical analysis patterns. It was enough to make my head spin! That’s when I discovered the KISS Rule of Investing – a principle … Read more
