by MasterPlan Your Retirement | Mar 26, 2020 | Financial Planning, Retirement Income
Do you use a 401(k) or IRA to save for retirement? You’re not alone. These types of accounts are popular for many reasons, but one of the biggest is their tax treatment. As you may know, these accounts are tax-deferred. That means you don’t pay taxes on growth as long...
by MasterPlan Your Retirement | Mar 11, 2020 | Financial Planning, Retirement Income
The 2020 election cycle is in full swing. It’s primary season, which means the general election is right around the corner. Before you know it, the two major parties will have their conventions and we’ll be heading to the ballot box. Of course, you may already...
by MasterPlan Your Retirement | Feb 26, 2020 | Financial Planning, Retirement Income
There’s a growing trend among new retirees. With increasing frequency, Americans are choosing to leave their retirement savings. According to data from Fidelity, 55% of workers leave their retirement savings in their former employer’s 401(k) plan for a full year after...
by MasterPlan Your Retirement | Feb 19, 2020 | Retirement Income
For decades, some of the world’s largest institutional investors have used a tool to guide their decision-making. Mutual funds, educational endowments, defined benefit pensions, and more has used this document to focus on their long-term goals and select only the...
by MasterPlan Your Retirement | Feb 13, 2020 | Financial Planning, Retirement Income
It’s the second month of a new year, which means it’s time for everyone to make predictions about what’s in store over the next 10 months. Clearly, it’s impossible to predict the future. However, that doesn’t stop analysts and so-called experts from making their best...
by MasterPlan Your Retirement | Jan 24, 2020 | Financial Planning, Retirement Income
The government passed a year-end spending bill in December, and it included one piece of legislation that could have a big impact on retirees. It’s called the SECURE Act. The bill’s name is an acronym for Setting Every Community Up for Retirement Enhancement. ...
