A meaningful retirement doesn’t just happen

Developing a meaningful retirement doesn’t just happen. In fact, many people actually become a “failed retiree.” That is someone who is depressed with long days ahead and no fun or meaningful activities that they partake in. By following these five action steps, you can avoid becoming a failed, miserable retiree. 1. Develop your life plan. Waiting…

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Are You Eligible to Make Extra 403(B) Contributions?

The IRS just announced their pension plan contribution limits for 2018. The contribution limit for 403(b)s has been increased by $500 to $18,500. IRA contribution limits have not changed in half a decade and will be $5,500 once again. If you’re over 50, you are eligible to make catch-up contributions. You can put an additional…

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IRA to Charity Contributions

For some time this unique method of making charitable contributions was a temporary provision of the tax law, but Congress made it permanent in 2016. This charitable contribution provision is limited to taxpayers age 70.5 and older. They can directly transfer up to $100,000 a year from their IRA to a qualified charity. So if…

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Working While Retired

Retirement life is different for everyone. Social Security is here to secure today and tomorrow, whether you sail into the sunset or decide to continue working. The rules allow you to receive Social Security retirement or survivor benefits and work at the same time, as long as you don’t make more than Social Security’s annual earnings…

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5 Mistakes to Avoid in Retirement

You’ve spent a lifetime planning your retirement goals, contributing to your 401(k) and perhaps investing additional assets in IRAs and other accounts. Now, you’re finally on the verge of retiring. However, you may be surprised to find that retirement planning doesn’t stop once you retire. To keep your life and retirement goals on track, here…

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Think Long Term, Not Presidential Term

Think Long Term Retirement Planning, Not Presidential Term The next step in successful retirement investing is understanding you can’t time the market. Fidelity demonstrated the importance of consistent, long-term investing in a one of the worst investing periods in history—the stock market meltdown of 2008–2009. Their study showed that employees who kept investing in their workplace…

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