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Ready for Medicare Open Enrollment?
Medicare’s annual open enrollment period begins October 15 and ends December 7. During this time, current Medicare beneficiaries have the option to adjust their coverage for the coming year. Any changes to your plan will go into...
Read MoreWhy You Should Know The IRA 60-Day Rollover Rule
AND LEARN HOW THEY CAN IMPACT YOU If you have a retirement account set up and you're making regular contributions, that's great! There may come a time when you need to move these retirement savings from one account to another, and...
Read MoreAre Your Taxes Going to Change?
Most likely, you’ve heard what’s brewing in Washington, D.C., called by one of these names. The Build Back Better Act. Or the $3.5 trillion budget reconciliation bill. Or the Jobs and Economic Recovery Plan for Working...
Read MoreInsurance Decisions to Make as You Approach Retirement
Several Types of Insurance Changes to Consider as You Approach Retirement As you approach retirement, your financial needs and those who depend on you will likely change. This may require an update of your insurance needs as well. What...
Read MoreSeptember Is National Life Insurance Awareness Month
It’s time for your life insurance checkup. September is National Life Insurance Awareness Month, so it’s a great time to review your coverage.1 If you don’t have any life insurance, you’re not alone. Life...
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The September Effect
The stock market notched its 7th straight month of gains in August, and the Standard & Poor's 500 index has set 53 new highs so far in 2021.1 During August, stocks rallied as investors looked past the increased number of COVID-19...
Read More3 Reasons Why Every Family Needs a Legacy Plan Now
A common misconception about legacy planning is that only the very wealthy leave legacies. But nothing could be further from the truth. That’s because your legacy is about far more than the money or assets you leave to loved...
Read MoreThe Importance of Good Credit
Did you know that it wasn’t so long ago that women faced challenges in obtaining credit? In the 1960s and 1970s, legislation provided women with equal access to credit opportunities, paving the way for their independence and...
Read MoreLiving Longer Means More Income Needs
On average, women in the U.S. live longer than their male counterparts, making outliving their income in retirement a very real possibility for many. According to a 2019 study from T. Rowe Price measuring gender and retirement: 43% of...
Read MoreReducing Tax Burden
Mid-year is an excellent time to reassess your financial strategies and make sure you’re taking advantage of opportunities to reduce your tax liability. That begins with understanding the “ADCs” of reducing your tax...
Read MoreRoth IRA Tax Benefits That Everyone Should Know
1. Tax-Free Withdrawals Money that goes into a Roth IRA is after-tax dollars. Because you've already paid taxes on that money, once it is withdrawn, it comes out tax-free. There are some restrictions on those withdrawals if you want...
Read MoreA 6.1% Bump in Social Security?
The news keeps getting better for Social Security recipients.It's now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most significant increase since 1983.1...
Read MoreConducting Your Mid-Year Financial Checkup
With June officially behind us, it’s time to face the facts: we’re headed toward the second half of 2021. While there’s still plenty of time to enjoy the rest of summer, we encourage you to slow down and check up on...
Read MoreLooking at Flexible Long-Term Care Options
For many retirees, long-term care insurance can offer a helpful safety net for protecting retirement income in the event of a serious illness or incapacitation. Clients often have concerns when it comes time to plan, like not...
Read MoreUnderstanding And Maximizing Your Social Security Benefits
A simple explanation of how your Social Security benefits are calculated How Much Will I Get From Social Security? Social Security benefits are based on your lifetime earnings. Earnings are reported to Social Security through a W-2...
Read MoreA COLA with Your Social Security?
If there is a "silver lining" to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal increase in 2022. Preliminary estimates call for a 4.7% cost-of-living increase (COLA) in Social...
Read MoreSummer Travel is Back!
One of the most anticipated comebacks of 2021 isn’t an athlete, rock star, or movie franchise. It’s summer travel, and it appears to be back with a vengeance. Travel agents are working 14-hour days to meet the needs of...
Read MoreAre You Ready for the Second Act of the S.E.C.U.R.E. Act?
Recently, you may have seen headlines regarding the Securing a Strong Retirement Act, also referred to as the second version of the SECURE Act, or SECURE Act 2.0. As the bill moves from the House of Representatives to the Senate, many...
Read MoreHow COVID-19 Caused a “She-Cession”
Since the 1980s, unemployment rates have trended higher amongst men than women during a recession. In previous periods of economic downturn, this made sense. Male-dominated industries, like construction and finance, were typically...
Read MoreGet More from Your Retirement Contributions
Do you know what the contribution limits are for your specific type of retirement account? Knowing these limits will help you make the maximum...
Read MoreLiving Longer Means More Income Needs
On average, women in the U.S. live longer than their male counterparts, making outliving their income in retirement a very real possibility for many. According to a 2019 study from T. Rowe Price measuring gender and retirement: 43% of...
Read MoreBuffett and Powell Talk Inflation
What does it mean when two of the most powerful voices in American financial life seem to be saying two different things? In one corner, we have the “Oracle of Omaha,”...
Read MoreDebate Starts on Capital Gains Tax
Now and again, the price action on Wall Street can surprise even the most seasoned investors. Look no further than when President Biden in late April proposed an increase in the tax on capital gains to 39.6% from 20% for those...
Read MoreWhat in the World Are NFTs?
Non-fungible tokens, or NFTs, have been the recipient of the latest buzz. NFTs are digital files attached to blockchain codes. If you know anything about digital currencies, you’re probably aware that these blockchain codes are...
Read MoreTax Advantages of a Roth IRA Conversion
If you’re wondering when is the best time to convert a traditional IRA to a Roth IRA, the following information may help. Roth IRA conversions typically make the most sense for older retirement plan investors, who tend to be in...
Read MoreThe Whims of Wall Street
It can be exhausting trying to keep up with the whims of Wall Street.Lately, the financial markets have been fixated on federal taxes and what may be proposed on Capitol Hill in the weeks and months ahead.Wall Street’s focus on...
Read MorePaying for the Infrastructure Bill
President Joe Biden introduced the much-anticipated American Jobs Plan, which outlines an approach to spend roughly $2.2 trillion on the nation's infrastructure and other projects. As part of the legislative process, the Biden...
Read MoreThe Importance of IRS Form 5498
If you contributed to your IRA this past year, you should have received an IRS Form 5498. This form looks similar to a W-2, but it only contains information about your...
Read MoreThe American Rescue Plan Act Explained
The Cetera Advanced Planning Group has released an overview of the American Rescue Plan Act of 2021. This provides explanation and analysis on how this may affect your financial planning interests.
Read MoreIRS Delays Tax Filing, Payment Deadlines
Less than one month ahead of the traditional date, the IRS has delayed the deadline for filing and paying taxes. The new deadline is May 17, 2021.1,2,3 The delay follows continued disruption from the COVID-19 pandemic and a late start...
Read MoreCOVID-19 Relief Bill Signed Into Law
The House of Representatives passed a $1.9 trillion relief package focused on economic relief following the COVID-19 pandemic. The bill was signed into law at the White House on Thursday.
Read MoreWhat Is Dollar-Cost Averaging?
If you had a choice between buying a laptop on sale or waiting until the sale ended and prices went up, you’d buy it on sale, right? It can be hard for many people to approach investing from the same perspective. When the stock...
Read MoreYou’re Invited: An Exclusive Conversation with Dr. Ben S. Bernanke
You’re invited to an exclusive conversation with former Federal Reserve Chair Dr. Ben S. Bernanke, who helped guide the U.S. economy out of its worst recession of the century. His insights on how the economy can emerge and grow...
Read MoreShould You File Jointly or Separately?
Some big changes come with getting married, and that includes your taxes. For the first time, you have the option to file jointly or separately. How romantic!
Read MoreRMDs Are Back. What's Your Strategy?
RMDs are back this year, along with the potential tax burden and steep penalties (50% of the required distribution amount) for those who fail to take them by year end.
Read MoreTax Filing Season Is a Little Later This Year
Recently, the Internal Revenue Service (IRS) announced that tax season will start a little later than usual. This year the IRS will begin accepting and processing 2020 tax returns on Friday, February 12, 2021.1
Read MoreReasons to Review Your Social Security Statement
Did you know that determining whether your Social Security earnings record is correct falls squarely on your shoulders—not your current/previous employer(s) or the Social Security Administration? Accuracy is critical because...
Read MoreEarnings Season Gets Underway
Every few months, you may hear the phrase “earnings season” as you listen to financial news. But what exactly is “earnings season,” and why is it important to Wall Street?
Read MoreFinancial Goal Setting Can Be A Lot Like Going To A Restaurant
Have you ever been to a restaurant, looked at the menu, and thought: I didn’t even know I was in the mood for this, but it sounds perfect! Financial goal setting can be a lot like going to a restaurant...
Read More2021 Outlook Video: The Economy Goes Off to College
Will 2021 be a year for the history books—or one we wish we could write off the books? View the 2021 forecast video put together by Cetera® Investment Management.
Read More5 Highlights of the New Stimulus Package
After a bit of political posturing in December, the $900 billion Consolidated Appropriations Act of 2021 (2021 CAA) was signed into law by President Trump as the COVID-19 pandemic continues to impact employers and employees.
Read More7 Mistakes Every Retiree Needs to Avoid
As we approach 2021, watch out for these costly mistakes in your retirement.
Read MoreThinking of You During the Holidays
For many of us, 2020 has been a year unlike any other. For some, it’s brought hardships that have tested the hardiest of souls. For others, it has brought unspeakable loss. Yet, we press on, and as we do, we may be surprised to...
Read MoreMarkets & Marriage
Your investment strategy is a lot like a marriage. One day you may feel like everything’s going swimmingly. The next day, there might be an argument over who forgot to load the dishwasher.
Read More3 Tax-Smart Ways to Help Family Members in Need Pay for College
A growing number of college students and their parents find themselves struggling to pay tuition costs. Fortunately, there are a number of tax-smart ways for parents and grandparents to help family members pay for college.
Read MoreYear-End Tax Planning Opportunities
While tax planning is a year-round activity, no time is more critical than the end of the year to make sure you’re taking advantage of opportunities to manage your tax burden.
Read MoreHave a Pension and Considering Early Retirement?
If you are one of the lucky few who has a pension, and if COVID is making you consider early retirement, this flowchart can help you assess whether it makes more sense to take your pension as a lump sum or a lifetime stream of payments.
Read More2021 Limits for IRAs, 401(k)s and More
The Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major changes, there are some minor elements to note.
Read MoreGridlock Expected as Joe Biden Declared President
Joe Biden has been declared the next President. With Republicans likely to hold the Senate (after a January runoff election in Georgia), expect a divided government that markets favor.
Read MoreElection 2020: A Dose of Patience
Right now is a good time to reflect on a quote from legendary investor Warren Buffett, who reminded us that, “The stock market is a device for transferring money from the impatient to the patient.”
Read MoreThe Social Security Administration Announces 2021 COLA
On October 13, 2020, the Social Security Administration (SSA) officially announced that Social Security recipients will receive a 1.3 percent cost-of-living adjustment (COLA) for 2021.
Read MoreTrump vs. Biden: Do Markets Care Who Wins?
Commentary on the path to electoral victory for both candidates, the chances of a delayed result, and historical stock market returns during post-WWII 4-year presidential cycles.
Read MoreElection 2020: Economic Issues in the Crosshairs
It should come as no surprise to hear the economy is the top issue for voters in the 2020 election. But when voters say “economy,” what do they really mean?
Read MoreA Special Invitation
Each year I have the opportunity to attend my broker-dealer's annual conference. Because this year’s conference is a digital streaming experience, you're invited!
Read MoreDon’t Let Headlines Get You Down
Even in “normal” times, the news can be depressing. But these days, it can seem like there’s an awful lot to worry about.
Read MoreElection 2020: Preparing for Any Outcome
As the U.S. presidential election draws near, expect to see more and more headlines that propose, "What will happen next if this person is elected?" or, "What policy changes to prepare for in the next four years?"
Read MoreFlowchart: Should I Consider Refinancing My Mortgage?
When interest rates decline, mortgage refinancing becomes a particularly popular topic. This flowchart can help guide your decision!
Read MoreHow Much Money Will You Need for Retirement?
Determining how much money you need in retirement is a process. It shouldn't be a number that you pull out of thin air.
Read MoreA Simple Strategy to Deal with Financial Stress
Over the last few months, we’ve all felt the economic and emotional impact of another wave of coronavirus infections. It’s no surprise that people everywhere are experiencing high levels of stress and anxiety.
Read MoreWhat's driving current market behavior?
In the era of COVID-19, and the financial woes it has created, I often get asked, “Why is the stock market holding up so well when the economy appears to be struggling?”
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