Based upon your age, you may be required to take minimum distributions from your retirement assets. If you don’t, then unlike in 2020 when the requirement was waived, failure to take your RMD may cause you to be surcharged. And, the surcharge could be 50 percent of the amount you should have taken. With less […]
Congress recently passed the SECURE (Setting Every Community Up for Retirement Enhancement) Act which affects our nation’s retirement system significantly. It is hoped to help Americans save more by making it easier for individuals to fund their retirement with their own savings. There is concern that with Americans living longer, a significant portion of Americans […]
Parents who care for children with disabilities almost invariably incur additional financial challenges than others. They often pay for additional medical bills while their children are growing up. Upon attaining the age of 18, many children with disabilities are eligible for Supplemental Security Income (SSI) and Medicaid. Although these benefits are helpful, SSI payments often […]
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