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The SECURE ACT was enacted on January 1, 2020. While it has been a few years since the act was passed, the effect of the largest retirement reform since 2006 is still being felt today. One of the major changes was the implementation of new required minimum distribution (RMD) rules for inherited IRAs. I like to call this the death of the Stretch IRA. First, let’s establish that an inherited IRA occurs when a loved one or family member dies with money left in their IRA, 401 (k), or even 403 (b), and you are named as a beneficiary. The funds are passed on to you through a vehicle called an Inherited IRA.

Few topics generate as much curiosity and, at times, consternation, as pension planning for those nearing retirement. For many pre-retirees, the pension represents a significant cornerstone of their future financial security, a reward for years of dedicated service. However, navigating the myriad of choices and implications can feel like solving a complex puzzle. I encourage you to spend a few minutes reading this article, which is intended to equip you with the knowledge to approach these decisions with confidence and clarity.

When it comes to leaving a legacy, there are really two key factors: taxes and peace of mind. The tax planning options for legacy planning are numerous, but first and foremost, retirees must ensure that they can retire comfortably with the peace of mind in knowing they won’t run out of money.

Each spring, the tax documents emerge from their hibernation as people prepare the information they need to meet their civic duty. Oftentimes, your tax preparer or financial advisor might take this opportunity to talk to you about deferring some of your income for tax purposes, but what does that mean, and is this right for you?

The financial landscape is always shifting, and when it comes to saving for retirement, a little legislation can go a long way. For example, the SECURE Act 2.0 is a massive bill passed at the end of 2022 that, even now as we enter 2026, is still changing how your employer-sponsored retirement plans [like your 401(k) or 403(b)] will operate...

The transition into retirement can be very exciting, but it is also one of the biggest adjustments a person can make in their life. I have been blessed to help dozens of clients transition into retirement, and everybody, without exception, is a little nervous (or a lot). If you are approaching retirement and feel anxious, unsure, or fearful, you are not alone.

“When do you want to retire?” is one of my favorite questions to ask clients, especially when I have a chance to ask it without much context or build up. I find that a lot of people romanticize the idea of retirement without giving much detail to the thought. Getting an understanding of when (and how) someone wants to retire...