Archive for the ‘Retirement Planning’ Category

Investing for Retirement: Why Taxes Matter

The Tax Cuts and Jobs Act of 2017 made sweeping changes to federal income taxes and corporate tax rates — but what does it mean for your retirement accounts? The tax benefits of retirement accounts such as 401(k)s and IRAs are mostly unchanged by the new tax plan. That means (more…)

An Update on Retirement Plans for 2018

After several years without changes, the contribution limit for certain retirement plans has increased for 2018. There is no change to the contribution limit for individual retirement accounts (IRAs) or SIMPLE plans (see “2018 Retirement Plan Contribution Limits” chart). Taxpayers who do not have access to a retirement plan at (more…)

Retirement Savings Milestones

Contact your Client Advisor today to map out your own retirement savings milestones. http://www.seasidebank.com. Investment products: Not federally insured Not a deposit of this institution May lose value (more…)

Do You Need a Will or a Trust, or Both?

If you’re like many people, you’ve heard the terms “will” and “trust,” but you may not know the differences between them. More important, you may not know which one you need. You’ll find some answers below. Q: What’s a will? A: A will is a document that describes what should (more…)

Can Your Portfolio Withstand a Long Retirement?

More and more Americans are living to be over 100. In fact, the number of centenarians in the United States is projected to grow from 72,000 to 600,000 by 2060.* With so many people predicted to live well past retirement age, should you expect to as well? It’s important to (more…)

A Closer Look at Exchange-Traded Funds

The popularity of exchange-traded funds (ETFs) has mushroomed in recent years. From year-end 2005 through year-end 2014, ETFs issued $1.4 trillion in net new shares.* An estimated 5.2 million U.S. households held ETFs in mid-2014. Like a mutual fund, an exchange-traded fund is a basket of securities. Most ETFs are (more…)

Generating Retirement Income: Pros and Cons of 4 Strategies

Once you retire, you may breathe a sigh of relief that you’re done prioritizing retirement savings among all the other competing demands for your money. Congratulations; take a moment to celebrate! Then direct your attention to your new challenge: You must turn your retirement savings into a stream of income (more…)

The Saver’s Dilemma

Each generation faces its own unique investment challenges. During the inflationary 1970s, maintaining the purchasing power of income and assets was a preoccupation for both wage-earners and investors. In the first decade of this century, protecting the downside in any portfolio exposed to two of the most dramatic stock sell-offs (more…)

Shedding Light on Retirement Plan Fees

If you participate in a voluntary retirement savings plan at work (such as a 401(k) plan) your [next/most recent] account statement may provide more information than your previous statements did. New Department of Labor regulations prompted the change. They require that retirement plan sponsors provide fuller disclosure about fees and (more…)