When thinking about retirement, you should make sure to have a clear understanding of savings vs. income. When thinking about retirement, many think about a particular savings amount that they would like to reach. This type of thinking comes from how general purchases are made. If you want to buy a computer, you would save […]
With the passage of the SECURE Act in December 2019, current and future retirees can expect to see significant changes which are likely to impact their tax planning for retirement. Most notably, perhaps, is the increase in the Required Minimum Distribution (RMD) age from 70 ½ to 72. For affluent retirees – and soon-to-be retirees […]
Learn about the two main ways to get your Medicare coverage—the original Medicare or Medicare Advantage Plan part. But to give an overall view of things, Medicare Part A covers hospitalization insurance, inpatient hospital care, skilled nursing facility, hospital lab test surgery, and home health care. Now Medicare Part A comes on your Medicare card. […]