Age milestones can trigger financial planning
Reaching certain age milestones can be significant for many different reasons, including financial planning.
Tag: spousal benefits
Will fixing Social Security mean higher taxes and lower benefits?
Multiple recommendations have been made to fix Social Security and some strategies may be more costly for investors.
Historic SCOTUS ruling highlights need for estate planning
Supreme Court ruling on same-sex marriage highlights need for estate planning.
Help your clients make the most of Social Security
Combining Social Security benefits with 401(k) assets can help long-term savers replace more than 60% of current income in retirement, according to a recent report from the Employee Benefit Research Institute. While many clients are probably planning to include Social Security as a source of retirement income, they may not be aware of certain factors
Marriage means more options to claim Social Security
Married couples have multiple options to claim Social Security in retirement, including specific strategies that use the timing of the claim to maximize spousal benefits. In certain cases, these strategies can result in an increase in both lifetime and survivor benefits. Two of the most common strategies are restricted application and file and suspend. Here