I always loved the beginning of the new school year. It is a time to start new….new clothes, new sneakers, new books and new classes. If you have children, then you know that the push is on to get everyone settled for the new school year. It seems to be more of a beginning than the actual start … [Read more...] about September – A Great Time to Organize Your Finances
My father worked very successfully for 30+ years at one company - MetLife Insurance Company - as was common for many of his generation. My mother now receives a monthly pension check from MetLife due to my Dad's productive working years and she will receive a pension check for the rest of … [Read more...] about What Happened to the Good Old Days of Pensions?
With the hustle and bustle of raising a family, many stay at home moms overlook their own retirement planning. Many women run the household finances and the needs of the entire family, but it is also important to think about the future and plan for the retirement that they envision. There are so … [Read more...] about Retirement Planning for the Stay-at-Home Mom
Millions of Americans take advantage of the tax-deferred vehicles offered by the tax code in order to save wisely for their future. These plans include 401(k) and 403B plans and individual retirement accounts or IRA’s. Individuals can save pretax into these tax-deferred retirement savings … [Read more...] about Required Withdrawals for Seniors (RMD’s)
I thought it would be helpful to define what an Individual Retirement Account (IRA) is and the different types of IRAs that are available (in the most simplified way). What is an IRA (Individual Retirement Account)? Individual Retirement Accounts, or IRAs, are basically savings plans aimed for … [Read more...] about Individual Retirement Accounts- Simplified