Year-End Financial To-Do

Year-End Financial To-Do: Employers Should Gauge the Retirement Readiness of Retirement Plan Participants

November 15th, 2018|

By Edward “Ed” V. O’Neal, Vice President and Manager, Retirement Plans

I recently reviewed an overview from an interesting panel discussion at the 2018 PLANSPONSOR National Conference held earlier this year in Washington, D.C.  The panel featured senior executives from some of the top retirement providers in the financial industry; including MassMutual, American Funds and John […]

Year-End Financial To-Do: Take Your RMDs; Consider QCDs

November 13th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

It might be hard to believe, but the end of 2018 is nearly here.  As you plan out your holiday and year-end activities, don’t forget to add your financial “To-Dos” to your list.  This year, the most sweeping tax reform in decades became effective […]

Year-End Financial To-Do: IRA Checklist

December 21st, 2017|

By Theresa Fry, Senior Vice President and Manager, IRA and Retirement Plans

The final few weeks of the year can be a busy time filled with shopping, parties, and family time.  As you sit down together and make your to-do lists, don’t forget to check on your retirement savings accounts.  Here are some IRA to-dos before […]

Year-End Financial To-Do: Take Your Required Minimum Distribution

December 20th, 2017|

By Theresa Fry, Senior Vice President and Manager, IRA and Retirement Plans

If you’re over age 70½ or you are the beneficiary of an inherited IRA or retirement plan, don’t forget to take your required minimum distribution (RMD) before the end of the year. For convenience, you may be able to have your RMD automatically distributed […]

Year-End Financial To-Do: Should You Take or Defer Gains and Deductions?

December 19th, 2017|

By Kortney Christensen, CFP®, Executive Vice President, Director of Sales and Marketing

Year-end is a great time to review your tax situation for opportunities to pay less in taxes or pay taxes at a lower rate. Review your portfolio and other financial matters along with your projected income and tax rates with your tax advisor to […]

Year-End Financial To-Do: Gifting 529 Plan Contributions to Your Grandchild

December 18th, 2017|

By Theresa Fry, Senior Vice President and Manager, IRA and Retirement Plans

Tired of holiday shopping? Give the gift of education! If you have grandchildren in your life, helping them with the rising costs of a college education will go a long way. The College Board reports the average 2016-2017 cost for tuition, fees, room and […]

Year-End Financial To-Do: Have Peace of Mind (and Reduce RMDs) with Qualified Longevity Annuity Contracts

December 14th, 2017|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

Wouldn’t retirement planning be easier if we all knew how long we were going to live? Individuals often underestimate how long they are going to live in retirement. As a result, many retirees face the risk of exhausting their savings and burdening their families in retirement.

Longevity […]

Year-End Financial To Do: Consider Having a Family Meeting About Finances

December 13th, 2017|

By Jeffrey R. Wolfe, Vice President and Manager, Wealth Planning Strategies

It’s the holiday season and it may be a time that you rarely get to see all of your loved ones at once.  It’s important to share quality time with them, of course, but it may also be a key opportunity to have what many […]

Year-End Financial To-Do: Tax Relief is Available for Victims of Recent Disasters

December 12th, 2017|

By Theresa Fry, Senior Vice President and Manager, IRA and Retirement Plans

Hurricanes Harvey, Irma, and Maria, and the recent wildfires in California have had a significant and devastating impact on many U.S. taxpayers.  Individuals and businesses located in Florida, Georgia, Puerto Rico, and the Virgin Islands, as well as parts of Texas and California, will […]

Year-End Financial To-Do: Time to Review and Rebalance Your Portfolio

December 11th, 2017|

By Bruce Buerkle, CFA, Senior Vice President, Manager Securities Research Support

The financial markets closed at new record highs numerous times during 2017. Earnings reports continue to be strong, particularly for multi-national companies, due to a pick-up in global economic growth, a weaker dollar, and a continued economic rebound here at home. While interest rates have […]