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How Can I Find My Old 401(k) Account?

Key Takeaways Don’t overlook 401(k)s from past jobs. The account value is probably still growing and the money is rightfully yours in retirement. You can roll over an old 401(k) into a personal IRA and often into your new employer’s 401(k) without penalties or tax consequence. The Labor Department and Pension Benefit Guaranty Corp. are […]

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I Retired Early! Now what do I do for healthcare?

Key Takeaways Plan ahead and work with your wealth advisor well before a retirement opportunity arises. Continue existing coverage through an early retirement package or COBRA if possible. Your healthcare premiums may be much higher after retirement. Congratulations, you scrimped and saved for retirement. You talked to your wealth advisor and finally pulled the plug.  […]

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Medicare Made Easy

As retirement approaches, almost all of us are going to make critical decisions related to medical care.  One of the most important (and perhaps least understood) parts of your plan will be how your Medicare coverage will work. On October 19th at 11:30am ET, we’ll be hosting a free webinar titled Medicare Made Easy with […]

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Can I Make Charitable Contributions From My IRA This Year?

Yes, if you qualify. The law authorizing qualified charitable distributions, or QCDs, has recently been made permanent by the Protecting Americans from Tax Hikes (PATH) Act of 2015. You simply instruct your IRA trustee to make a distribution directly from your IRA (other than a SEP or SIMPLE) to a qualified charity. You must be […]

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401(k) Rollover Opportunities and Pitfalls

Key Takeaways Consider all of the pros and cons of a rollover before making a move. Very high 401(k) fees may be a good reason to roll your account over to an IRA. Use “trustee to trustee” rollovers to avoid inadvertent tax traps. Suppose you’re about to receive a distribution from your 401(k) plan, and […]

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What Does Being a Fiduciary Really Mean?

The question of whether your financial advisor is a fiduciary has come up a lot in the financial media recently.  But what does that actually mean? As defined by the Cornell University Law Review, a fiduciary duty is “…a legal duty to act solely in another party’s interests.  Parties owing this duty are called fiduciaries…Fiduciaries […]

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The Vacation Home Primer

Key Takeaways: The purchases of vacation homes have spiked over the past few years. Before purchasing, consider whether you plan on using it yourself or renting. When considering a purchase, account for extra expenses such as insurance, taxes, utilities, furnishings and upkeep before taking the plunge. Summer is coming, so if you’re like me you […]

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