RESOURCES

 

The Pros and Cons of Early Retirement Plan Rollovers

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                            Did you know you may be able to take your 401(k), 403(b), or 457 plan and roll it into another type of retirement account while you are still working? Let’s look at how these rollovers can happen and the pros and…

Designing Your Fiscal House To Weather The Elements

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By Allen Neuenschwander, CPA, CFP® and Michael Neuenschwander, CPA, CFP® Building a strong, sustainable retirement income portfolio is a lot like building a weather-resistant home. The overall strength of the house is dependent on how well its components (foundation, walls, floors, and roof) work together as a singular element. That has to be planned before…

Tax Strategies For Retirement: Buckets Create Tax Choices

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By Allen Neuenschwander, CPA, CFP® and Michael Neuenschwander, CPA, CFP® Federal Appeals Court Judge Billings Learned Hand was a judge and judicial philosopher who aptly proclaimed,  There are two systems of taxation in our country:  one for the informed and one for the uninformed. In our work as CPAs and CFP™ professionals, we would agree…

Stress-Test Your Retirement

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By Allen Neuenschwander, CPA, CFP® and Michael Neuenschwander, CPA, CFP® In the good ole days, when your car was on the fritz, your mechanic needed trained eyes and ears to figure out the problem. Today, with engines and systems that are much more complex, mechanics rely on computers and advanced software to properly diagnose hidden…

7 Things Medicare Doesn’t Cover

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Medicare Part A and Part B leave some pretty significant gaps in your healthcare coverage. Here’s a closer look at what isn’t covered by Medicare. Medicare Part A and Part B, also known as Original Medicare or Traditional Medicare, cover a large portion of your medical expenses after you turn age 65. Part A (hospital…

You’ve Inherited an IRA. Now What?

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                      If you’ve been named a beneficiary or inherited an IRA, you’re likely facing some tough questions ⁠— what are the next steps and what happens now? Governing bodies like the IRS and recent legislation such as the SECURE Act have outlined important rules regarding…

Strategies To Optimize Your Social Security Benefits

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By Allen Neuenschwander, CPA, CFP® and Michael Neuenschwander, CPA, CFP® Social Security benefits are an important piece of your retirement puzzle, and deciding when to start taking Social Security payments depends on a number of factors that should not only be considered individually, but should be evaluated on how they work together.  We make an…

The Value Of An Objective Opinion

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By Allen Neuenschwander, CPA, CFP® and Michael Neuenschwander, CPA, CFP® Have you ever lost sleep over your finances? If so, you aren’t alone. With market volatility, an uncertain economy, life challenges, and just day-to-day financial stress, it’s easy to feel overwhelmed. That’s why many people turn to a financial professional to carry some of the…

Top Financial Fears That Affect Women

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Financial fears can paralyze anyone from making a decision about money, but for many women, money matters are particularly terrifying. In fact, according to a GOBankingRates study, women are more likely than men to name “living paycheck to paycheck” as their number one financial fear versus just 17 percent of men.1 So, why all the…

Checklist Challenge

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If something’s worth doing, it’s worth doing right.  We believe there’s a particular time of life this phrase couldn’t be more appropriate – retirement! But how can you know whether you’ve “got it right” for retirement?  After all, life can be so unpredictable.  As you look forward to living the retirement you’ve always imagined, you…

Are You Planning Ahead for Long-Term Care?

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Are You Planning Ahead for Long-Term Care? Long-term care might be the biggest retirement expense you didn’t plan for. 78% of U.S. adults will need some form of assistance as they age with out-of-pocket costs into the six figures. If you haven’t saved for long-term care, it’s not too late. With the help of Outlook…

Talk to your financial professional and your tax advisor about how Social Security benefits can fit into a complete retirement income strategy. Financial professionals are able to provide you with information but not guidance or advice related to Social Security benefits. We are not affiliated with the U.S. government or any governmental agency.

These financial calculators are designed as educational tools to help you estimate answers to common financial questions. They are not intended to predict future returns or results, nor do they represent the performance of any specific investment or product.

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