A springing power of attorney takes effect when certain conditions are met, such as when a person becomes incapacitated or mentally incompetent. A durable power of attorney takes effect immediately after signing legal documents.
Category: Retirement
Retirement Planning
Category: Retirement
Retirement Planning
Annuity vs IRA Pros and Cons
An IRA is a retirement account designed to save and invest money for retirement whereas an annuity is an insurance product that brings peace of mind to individuals worried about outliving their nest-egg savings.
Can I Retire Yet?
Can I retire yet is a popular question financial advisors receive. The answer depends on your nest-egg size, social security income, tax bracket and expenses.
What Is The Fiduciary Rule?
The Fiduciary Rule requires financial advisors, insurance agents and brokers to act in the best interests of clients, superseding their own interests.
What Is A Living Trust?
A living trust is a legal document that allows you to transition your assets smoothly to beneficiaries upon death by a successor trustee.
Retirement Planning For Dummies 2020
In this retirement planning for dummies guide, find out how to save and invest automatically to build your nest egg for a better retirement.
The 7 Deadly Causes Of The Illinois Pension Crisis
The Illinois pension crisis is one of the worst in the country. Find out what has caused it, the possible pension reform, and what you should do if you own municipal bonds or state debt.
How To Make A Will
A will is a legal document that declares your final wishes. It coordinates the distribution of your assets after death.
What is a 401(k)?
A 401(k) is an employer sponsored retirement plan that gives employees tax breaks on invested savings.
What Is An IRA?
Individual Retirement Accounts (IRAs) allow you to grow earnings on invested savings tax-free until your retirement years. But which one should you choose, the traditional IRA that permits tax deductions on contributions or the Roth IRA that has no mandatory …
