Is a Lump-Sum Social Security Payment Right For You?
You may be past full retirement age, but did you know you can undo the decision to delay your benefits? A lump-sum payment may be right for you if you’re suddenly in need of cash.
You may be past full retirement age, but did you know you can undo the decision to delay your benefits? A lump-sum payment may be right for you if you’re suddenly in need of cash.
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.
For many, early retirement is the ultimate dream scenario – having the financial freedom to pursue your passions while you’re still young enough to enjoy them. If you’re thinking of retiring before age 65, though, you’ll need a plan for paying for healthcare before Medicare coverage kicks in. Fortunately, you have several options at your disposal.
Nearly every retirement article you read suggests that you should contribute every penny you can spare into your 401(k). Generally speaking, that’s pretty good advice. However, if you have access to a Health Savings Account (HSA), you may want to rethink that advice. We will first outline the features of a traditional 401(k) a Roth 401(k) and an HSA.
