Retirement
Three Reasons Why Life Insurance is More Than Just a Death Benefit
Submitted by Madison Planning Group on August 18th, 2017
Life insurance is universally recognized as an essential pillar of a financial plan for providing much needed capital in the event of a breadwinner. It is also fundamental to other planning needs, such as estate planning to pay for settlement costs and taxes, and business planning for business continuation or key person protection.
Working in Retirement: What You Need to Know
Submitted by Madison Planning Group on August 9th, 2017What is a rollover IRA, and do I need one?
Submitted by Madison Planning Group on August 4th, 2017Changing Jobs? Know Your 401(k) Options
Submitted by Madison Planning Group on July 19th, 2017Important Ages in Retirement Planning
Submitted by Madison Planning Group on July 17th, 2017
Important Ages in Retirement Planning
Age 50
Catch-up contributions for most retirement plans and IRAs can be made beginning in the year you are going to turn age 50. The only plan that does not allow catch-up contributions is the SEP IRA. The following are the catch-up limit amounts.
IRA/Roth IRA $1,000
Quiz Yourself with These IRA Questions!
Submitted by Madison Planning Group on July 10th, 2017When Life Insurance Makes Perfect Financial Sense in Retirement
Submitted by Madison Planning Group on May 31st, 2017
When most people think about life insurance, it is something to be purchased when we’re young with financial responsibilities and dependents to protect. Any discussion about purchasing life insurance after we retire is often met with strong opinions as to whether or not it makes any financial sense. After all, the cost of life insurance increases significantly over the age of 65.