Is life insurance essential? If you've ever asked yourself this question, you'll want to pay close attention to this article. Later, when you think about what you've read or watched, be sure to write down your questions or concerns and send them to me. Contact information is at the end of this article [...]
"Should I keep my FEHB plan after I retire?" is one of the most important questions Federal employees must answer as they prepare to end their service. By Brian Swerdlow One of the more complex federal benefits is the Federal Employee Health Benefit or FEHB. Many government employees struggle with the decision to [...]
This short video from Safe Money Innovators discusses why annuities can fit into nearly anyone's portfolios, even those of high earners. Check out our other annuity video overview. Click on the photo to gain access. Authored By Vincent J. Bono, JD.Annuity Innovators Annuities aren't just for the "average" consumer. They are products [...]
The Thrift Savings Plan (TSP) is one of your most potent government benefits and can help you build a robust retirement portfolio. However, not everyone is aware of how to fully leverage the different funds available or the strategic decisions that can optimize returns. In this article, I would like to explain some [...]
In this three and half minute video, Teresa Kuhn, JD, RFC gives you just a few of the reasons why specially-designed and modified whole life insurance is catching on as perhaps the ultimate cash management tool. 21st Century whole life policies bear little resemblance to what your parents or grandparents may have had. Check out [...]
https://www.youtube.com/watch?v=9TxPXSgmBoI by Brian Swerdlow Many federal retirees are eligible to receive Social Security benefits as early as age 62. However, some choose to wait until their full retirement age (FRA) to claim their benefits. The full retirement age for those born in 1958 is currently 66 years and eight months, rising to age 67 [...]
by Brian Swerdlow Indexed Universal Life (IUL) insurance continues to gain popularity as a versatile financial product. IUL offers flexibility, tax advantages, and potential retirement income. However, as with any investment or insurance product, there are benefits and drawbacks to consider, particularly for federal employees planning for retirement. In this article, we'll take [...]
by Brian Swerdlow Federal employees who participate in the Thrift Savings Plan (TSP) often ask me about the best strategies for managing their retirement savings. One question I get regularly is whether it makes sense to pay taxes on retirement funds sooner rather than later. If you are considering a Roth Individual [...]
In a hurry? Check out the video synopsis of the article here: by Brian Swerdlow If you participate in the (FEHB), you may want to consider making changes to your healthcare enrollment. That's because there have been significant improvements to the Medicare Part D prescription drug coverages under the Inflation Reduction Act [...]
https://www.youtube.com/watch?v=PzhwHesz62Q By Rick Sparkman Pathfinders Wealth You've been diligently saving and investing for years to build your retirement nest egg. Now, as retirement approaches, it's crucial to start planning early and make informed decisions about what to do with your money to ensure it lasts as long as you do. A key consideration when [...]
by Sean Sparkman Pathfinders Wealth Securing the best interest rate for your mortgage can significantly increase your financial well-being. One tool that borrowers often use to achieve this is a mortgage rate lock. In this article, I'll explore what a mortgage rate lock is, how it works, its potential impact on the economy, and the [...]
by Rick Sparkman Pathfinders Wealth The Internal Revenue Service (IRS) and the Treasury Department have issued the final rules for required minimum distributions (RMDs) for beneficiaries under the 10-year rule, effective September 17, 2024. These rules affect beneficiaries of retirement accounts, mandating annual distributions with the requirement to deplete the entire account within [...]
