Read up on the latest and most important information you need to stay up-to-date with your financial situation.
A breakdown of the difference between annuities and annuitization to better help you financial portfolio. This shorter episode is important to know and understand.Read More
When you shop for something, do you know approximately how much it should cost? Of course you do. You would know that you shouldn’t be paying $10 for a gallon of gas or $20 for a dozen eggs, and most people actively look for the best deals whether it’s coupons or sales. That’s why it’s…Read More
Risks in the finance world are taken daily, but do you know how much risk you need to be taking or how much you should or shouldn’t be? Each persons risks are different to their specific needs. A 25 year old won’t take the same risks as someone who is 65 and just retired or…Read More
Understanding Required Minimum Distributions (RMDs) If you have tax deferred qualified retirement accounts, then eventually you’ll have to start taking out RMD’s (aka Required Minimum Distributions. Qualified retirement accounts are any retirement accounts are any of the following: IRA 403(b) – TSA 457 – Deferred Comp 401(a) – Pension or Special Pay Plans 401(k)…Read More
Have you been asked a question like this: “On a scale from 1-10 what is your risk tolerance?” OR “Are you a Conservative, Moderate, or Aggressive investor?” This is what is called “Qualifying” risk tolerance. Qualifying is great for advisors looking to sell certain plans or products, because it’s a completely subjective scale.…Read More
Here are some bullet points about the Health Insurance Subsidy provided by the Florida Retirement System: You earn $5 per month for every year of service with the FRS Years in DROP do not count towards your Health Insurance Subsidy You’re capped at $150. So any years of service over 30 do not add…Read More