Do you have a trust named as the beneficiary on your retirement account? Time to check. Changes from the SECURE ACT could have unintended consequences on your estate plan.
What are you doing to hedge against rising tax rates in the future? The backdoor Roth is a financial planning strategy that bypasses the income limits for high earners to get money into a Roth IRA.
Is a career move on the horizon for you? Don't forget about your 401(k)! Neglecting to roll over your assets can be a huge mistake.
For a limited time, Americans have the option to withdraw up to $100,000 from their 401(k) or IRA. Considering taking advantage of this change? We'll go over what you need to know before deciding.
If you’re in West Michigan and have been laid off or are facing business downturns, you may be considering claiming Social Security if you’re approaching age 62. These guidelines can help navigate the decision. Plus, Hungerford Financial gives you the facts on how Social Security is functioning during the pandemic.
If you are nearing retirement, it's likely the onset of COVID-19 has left you questioning where you stand. We've outlined the changes in recent legislation and what you need to know now about your future income in retirement.
