Retirement

getty The clock is running out on 2020. If you’re like the 83% of Americans who think that 2020 was either just “OK,” “bad,” or “terrible,” you’re probably looking forward to ringing in the new year. But if you have an hour or so to spare before the ball drops, a smart money move before

Senate Majority Leader Mitch McConnell walks to his office after leaving the Senate Floor on … [+] December 21 Getty Images On Sunday, President Donald Trump signed a $900 billion stimulus bill expected to address the health and economic fallout of the COVID pandemic. The relief measure includes a one-time $600 payment per eligible adult

The controversy over the deductibility of payroll expenses by Paycheck Protection Program (PPP) loan recipients has finally been settled, less than a week before the end of the year.  The Consolidated Appropriations Act, 2021, signed into law Dec. 27, 2020, allows deductibility of … [+] payroll expenses by Paycheck Protection Program loan recipients. getty Deductibility

Start 2021 with New Year’s resolutions that can really improve your life in retirement. getty It’s likely you’ve seen or made typical New Year’s resolutions that could make your retirement better: save more, spend less, lose some weight, and so on. While those resolutions can definitely help improve your life, following are four New Year’s

Getty Images This week Congress agreed in principle to the Coronavirus Response and Relief Supplemental Appropriations Act which brings much needed relief to small businesses affected by the harsh economic realities associated with the Coronavirus pandemic. One of the prevailing features of the Act is the fact that it creates the opportunity for “second draw”

Senator Brown helps a small group of workers protect their pensions. Now is time for pensions for all American workers. UNITED STATES – OCTOBER 16: Sen. Sherrod Brown, D-Ohio, speaks to a member of the United Mine … [+] Workers of America during an event in Dirksen Building with workers and retirees to call on

getty The Economic Impact Payments, or stimulus checks as they’ve come to be known as, were one of the most hotly debated aspects of the COVID-19 relief package Congress agreed to earlier this week. When the CARES Act was passed back in March, qualifying individuals received $1,200 checks. That amount is down to $600 under

How a reverse mortgage can be part of an integrated retirement plan getty The practice, almost without exception, is to deliver HECMs as a stand-alone. HECM reverse mortgage lenders are barred by HUD rule from delivering HECMs in conjunction with any other financial instrument. And every annuity provider we have queried has an internal rule

Nobody promised it would be easy to live 25 to 30 years in retirement. getty The fact is, human nature often gets in the way of planning effectively for retirement. Even when people take the time to learn about various retirement strategies and financial products and services, for various reasons, sometimes they just don’t get

Follow-through is as important in estate planning as for your golf swing. getty 2020 estate planning was a wild ride! Throngs of wealthy Americans had their advisers assist them with all types of planning. Much of the planning was based on the fear that the Democrats would control Congress and pass harsh tax legislation. Regardless