May 4, 2012

12 Financial Planning Steps for 12 months in 2012: May

Each month during 2012, we are sharing share quick, easy things you can do to help you stay on track with your financial and life goals. Just one resolution per month — 12 proactive tasks for the year. In May, resolve to spend a few hours volunteering your time to a charitable organization or

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January 25, 2012

The Growing Public Sector Pension Gap

Stories abound about the fireman who retires at age 45 with a six-figure pension, or the city manager who leaves after just five years’ service with full salary and health coverage for life. What doesn’t make headlines, however, is the growing number of public sector employees who have seen their retirement benefits erode in

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December 13, 2011

Is it Time to Roll Over Your Retirement Accounts?

How many retirement accounts do you have? If you’ve changed jobs a few times throughout your career, you could have several accounts housed in different employers’ plans.

While it is certainly acceptable to leave money in an old plan, in some cases it may be a better idea to consolidate your assets. (If your

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January 24, 2011

Before You Set Your Retirement Date…

One of the biggest lessons of the recent economy is that many people who thought they were financially ready for retirement…weren’t.

The amount of money, investments and government support you’ll need to retire comfortably is as individual as you are. Some people plan to work in retirement. Others have health issues or other financial

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November 29, 2010

Retirement Accounts & Required Minimum Distribution

The year a person turns 70½ years of age, he or she must begin making annual Required Minimum Distributions (RMDs) from IRAs, 401(k)s and similar retirement plans. According to the IRS, retirement plan participants and IRA owners are responsible for taking the correct amount of RMDs on time every year. Those who fail to

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