Category Archives: Retirement Planning

2016 Update on Social Security

Social Security and

Retirement Benefits

SSI-Cards-benefitsThe U.S. Government, Internal Revenue Service, and Social Security Administration specifically have implemented major changes for 2016. This is the largest change in years and may significantly affect the way boomers and older seniors receive their benefits.

In recent years, the federal government has approved small increases to Social Security benefits to help beneficiaries with rising prices on food, rent and other essential items. Now, anyone of retirement age will receive NO Increase of Benefits for Inflation. Continue reading

Protect Your Childrens Inheritance


 What-Happens-to-InheritanceShocking to most people, your retirement accounts can be seized once they pass to your loved ones. During your lifetime, your retirement funds have asset protection, meaning they can’t be taken in a lawsuit. Unfortunately, as soon as retirement accounts are inherited, the protection evaporates. This means your hard earned money can legally be snatched by strangers and the courts. Continue reading

12 Simple Steps to an Estate Plan…

moneyTake care of your family by making a Will, Power of Attorney, Living Will, Funeral Arrangements, and more…

1. Make a Will – In a will, you state who you want to inherit your property and name a guardian to care for your young children should something happen to you and the other parent. For more information, see The Simple Will: No Frills, No Fuss, No Anxiety or create an Online Will. Continue reading