Blog categorized as Retirement

Saving for Retirement vs Funding Your Children's College Education

10/24/2024 02:11 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Saving for Retirement vs Funding Your Children's College Education
Balancing saving for retirement and funding a child’s education can be challenging, requiring thoughtful planning and discussion to address both goals effectively.

Preparing for a Stress-Free Retirement

10/10/2024 04:36 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Preparing for a Stress-Free Retirement
Make the most of retirement by streamlining your finances. These steps can help alleviate stress and allow more time to focus on enjoying life’s experiences and the rewards of decades of hard work.

SEP IRA vs Solo 401(k): Which is Right For You?

08/16/2024 11:54 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
SEP IRA vs Solo 401(k): Which is Right For You?
SEP IRAs and Solo 401(k)s offer distinct retirement planning options for self-employed individuals, with differences in contribution limits, Roth availability, and eligibility that require careful consideration.

5 Things You Need to Know About Self-Directed IRAs

07/30/2024 06:24 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
5 Things You Need to Know About Self-Directed IRAs
A self-directed IRA (SDIRA) offers greater investment flexibility, allowing for alternative assets like real estate and precious metals, but requires a higher level of responsibility and understanding of associated rules and fees.

Social Security Planning is Becoming More Important Than Ever

05/09/2024 07:52 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Social Security Planning is Becoming More Important Than Ever
With Social Security facing projected depletion of its trust fund by 2033, individuals approaching retirement age confront challenging decisions about when to claim benefits, while younger workers grapple with doubts about the program's future reliability.

Top 5 Things to Know About a SEP IRA

10/31/2023 08:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Top 5 Things to Know About a SEP IRA
Own your own business or self-employed? Whether you're going it alone or managing some top-level talent, you may want to consider offering a SEP IRA. Get started with 5 quick facts as you consider this retirement plan option.
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