Category: 401(k)

Tracking old pensions and retirements isn’t easy now that people often change employment but finding lost accounts may become easier. Old retirement accounts are often set up at places of employment but can be forgotten or lost track of when changing jobs, which can make it difficult to administer estates, according to Wills, Trusts & […]

Estate planning may sound like something that only fabulously wealthy people need to do, but nothing could be further from the truth. If you are an adult, you need an estate plan. If you have children, you really need an estate plan. And if you own something that you would like to give to someone […]

Keep an eye on the Obama Administration budget proposals as there are several provisions which may affect estate planning.  For example, there is a provision which would reduce the $5 Million federal estate tax exemption to $3.5 Million – the 2009 level.  Stay tuned! http://www.treasury.gov/resource-center/tax-policy/Documents/General-Explanations-FY2015.pdf

Take advantage of these tips to grow your retirement nest egg this year. Are you saving for retirement? Whether you are or not, it’s never too late to start! But the earlier the better. A recent article in US News and World Report titled “5 Steps to Save More for Retirement” offers solid tips on […]