Using an Annuity for Guaranteed Income
One of the recommendations from the White House Task Force on Middle Class Working Families was for retirees to purchase annuities to help reduce the risks of outliving their savings or experiencing lower living standards because of inflation and investment losses.1
The White House is not a common
June 2011 Quarterly Newsletter & 7% Structured CDs
7% Structured CDs June 2011 Quarterly Update
The information in this article is not intended as tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an independent professional advisor.
Consider Your Retirement Needs, but Don’t Forget Your Retirement Wants
You might have read or heard that you need to replace about 80% of your pre-retirement income to maintain your standard of living in retirement in Miami, Charleston, Charlotte and Atlanta.
Leaving Your Job? Put an IRA to Work
After leaving a job in Miami, Charleston, Charlotte or Atlanta, workers generally have three options when it comes to the money they have saved in their former employer’s retirement plans.
Tax Changes for 2012
Mandatory annual inflation adjustments generally affect federal income tax brackets, retirement plan contribution limits, and exemption levels from year to year.
Retirement Plans for Small Businesses
Safe Harbor 401(k) Plans May Help Owners and Employees Save More
With standard 401(k) plans, the amount that a company’s owners or highly compensated employees can contribute is often restricted by how much other employees contribute to the plan, making such plans a less effective savings vehicle f
Do You Have Enough Disability Coverage?
A disabling illness or injury can occur without notice, and statistics show that nearly one in five people will be sidelined for at least a year during their careers.1 States often require employers to provide short-term disability coverage, but many don’t extend coverage beyond a few weeks or month
Managing Cash When Interest Rates Are Low
The economy may be improving, but high unemployment and low inflation indicate that the Federal Reserve may keep interest rates low at least until 2012.1
It’s generally a good idea to keep three to six months of income in an emergency fund to help cover unexpected expenses or a sudden loss of incom
