Charitable IRA rollovers may gain traction under tax reform
With new limits on itemized deductions set by tax reform, senior investors may consider using a charitable IRA rollover provision to donate to charity.
Putnam Wealth Management
Preserving and sustaining wealth for the future
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Posts from category: Retirement/Income
Three retirement planning topics for year-end meetings with investors
As year-end nears, retirement planning becomes a focus for investors, especially retirees who have year-end deadlines for retirement income distributions.
Three top financial challenges facing Millennials
Millennials face different financial challenges than previous generations as they set goals for saving for retirement, paying debt, and buying a home.
How to use a 401(k) to fund a Roth IRA
Despite income restrictions there may be a way to super-charge your Roth IRA by using a provision for 401(k) plans.
Managing risks in retirement? Consider a three-bucket strategy
Investors may want to consider a three-bucket strategy to manage risks in retirement such as longevity and liquidity risk.
Understanding longevity is critical to retirement planning
With longevity increasing, investors need to make sure their savings last as long as they do.
Don’t lose sight of discretionary spending in retirement plan
Planning for both discretionary spending as well as essential expenses is important when saving for retirement.
After the celebration: New graduates focus on finances
Seeking advice and developing a financial plan can be critical for graduates navigating next steps after college.
Little-known strategy provides for IRA-to-HSA transfer
A strategy that allows investors to make an IRA-to-HSA transfer may be used only once in a lifetime.
Here are six tools to calculate Social Security claiming options
How and when to claim Social Security benefits is one of the most important retirement and there are dozens of free online tools that offer some guidance.