Should You Be Waiting Longer to Retire? One in five Americans 65 or over is still working – the highest percentage since the late 1960s, according to the Associated Press. Add to that the fact that the Boston Globe recently reported more people are putting off retirement until their late 60s or even sometime in...
OPTIONS FOR TRANSITIONING WEALTH TO YOUR GRANDCHILDREN Aside from a last will and testament or a trust, there are several ways to effectively transfer your wealth to your grandkids. The tax laws affecting estate planning have changed and created unique opportunities, but many of the provisions may expire in 2025. With the newly increased gift...
Got Savings? If not, legislators want to help you build a “nest egg” and may have some retirement-policy changes headed our way in 2019. Retirement legislation has bipartisan support and could lift IRA age caps, help small employers, boost the use of annuities, and defray start-up costs for new 401(k) plans. The Senate bill, known...
Economic Changes Ahead for 2019 At TFGFA we like our clients (and soon to be clients) to stay abreast of economic trends and ahead of the financial curve. Although no one has a crystal ball, these are the winds of change we see blowing your way: Evolving Workforce: The workforce of the future will be more...
401(k) Plan Answers to Frequently Asked Questions 401(k) rules for retirement savings can sound like a foreign language to many, confusion abounds no matter what your job status or pay scale. It’s easy to get started and enroll if your employer offers a plan – it may come with eligibility requirements like a waiting period...
