Get the honest and simple Research & Insights you need to make confident decisions about your goals.
If you are a retiree or close to retirement you most likely have questions about Required Minimum Distributions (RMD’s). Once you reach (72), you must start making withdrawals from your traditional retirement savings plan to avoid tax penalties.
Social Security and how you can maximize your retirement income is not just a hot topic for those planning for retirement; it’s a critical area in which knowledge is power.
he good news is, starting this year, taxpayers may now deduct charitable donations totaling up to 60 percent of their adjusted gross income.
Tax season is upon us, and it’s time to figure out if and how changes brought by the Tax Cuts and Jobs Act will affect you. Bear in mind that adjustments have been made in each of these areas:
Retirement accounts in the U.S. reached record highs by the end of 2018’s third quarter. The average account balance was $106,500 for 401(k) plans, and the number of 401(k) millionaires in the U.S. increased to 187,400, up 41 percent from 2017.
While couples tend to work on their retirement plans together, it’s a good idea to stress-test the plan by imagining that the wife might outlive the husband.
Many doctors, lawyers, business owners and self-proprietors miss out on the advantages of a larger employer-sponsored 401(k) plan.
In a 2017 Nationwide Retirement Institute survey, financial advisors revealed some of the primary concerns of today’s pre-retirees, including maintaining their current lifestyle during retirement.
Planning when and how to claim Social Security benefits is as personal as an individual investment strategy.
The Tax Cuts and Jobs Act (TCJA) featured an important provision for divorcing couples to consider.
There are more benefits to living beneath your means than just financial savings.
Retirement planning looks much different than it did a century ago. With lifespans and retirements lasting longer, it’s not just about planning for a financial future
Sit down with an advisor to discover your financial goals, priorities, and mindset.
Your advisor will build a comprehensive plan based off of your specific needs, supported by the entire Beacon professional team.
Our advisor is with you every step of the way, advising and adjusting the plan as needed.
Have a question? Talk to someone.