Social Security Benefits – Look Before You Leap

Key Takeaways The decision of when to begin receiving benefits is a very personal one and there is no “one-size-fits-all” solution. Electing to begin benefits at the earliest age of 62 could mean you will receive 25% less than your full retirement benefit for the rest of your life. Your benefit will increase by 8% […]

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Are You Fishing for Returns in “The Business District”?

Key Takeaways The stock market’s business district is where small stocks and value stocks tend to reside. Because of their risk characteristics (i.e. higher risk), those companies offer higher expected returns than their large stock and growth stock counterparts. But, they tend to be riskier than the average stock. Since risk and return are related, […]

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Annuities – Are they right for you?

Key Takeaways An annuity is an insurance product that can pay out income. It’s a popular option for investors seeking a steady stream of income in retirement. Annuities can be a valuable tool if you are in a high tax bracket, have exhausted your pre-tax savings opportunities (like a 401(k)), and have a long-term time […]

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IRS Increases 401(k) Contribution Limits

Key Takeaways The IRS just announced new incentives to help those saving for retirement combat inflation. Starting in 2015, retirement plan participants will be able to contribute up to $18,000 annually to their 401(k), 403(b), Thrift Savings Plans and most 457 accounts. Savers age 50 and over will be able to contribute up to $24,000. […]

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Does Your Portfolio Need That New Fangled Gear?

4 steps to streamlining your investment tackle box so you won’t be a ‘page 29 guy’ Key Takeaways • Whether fishing or investing, don’t get seduced by the fancy, but unnecessary new tools on the market. • Understand what you buy and why. • Learn from your mistakes. I introduced a very good friend of […]

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The Market Correction Survival Guide

  Don’t succumb to “Recency Bias” or other common investor mistakes made during volatile markets. Key Takeaways   Research shows that the more recent a jarring stock market, the more likely it is to distract investors from information that’s objective about their long-term investment goals. Put today’s environment into historical context. Look for tax management […]

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MedicareAEP

Medicare Open Enrollment Period Begins October 15

The Medicare open enrollment period is the time during which people with Medicare can make new choices and pick plans that work best for them. Each year, Medicare plans typically change what they cost and cover. In addition, your health-care needs may have changed over the past year. The open enrollment period is your opportunity […]

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