by admwiu | Dec 5, 2023 | Newsletter, Tax planning
Retirees face several unique challenges when managing their income, particularly when it comes to taxes. From understanding how taxes relate to Social Security and Medicare to determining when to tap taxable and tax-advantaged accounts, individuals must juggle a...
by admwiu | Dec 5, 2023 | Newsletter
A chatbot with uncanny human-like writing abilities has become the poster child for artificial intelligence (AI) since it was released in late 2022, inspiring new levels of attention, excitement, and concern about recent advances in this life-changing technology. As...
by admwiu | Dec 5, 2023 | Newsletter
The U.S. Department of Health and Human Services considers child-care costs to be affordable when they are at or below 7% of annual household income — but many families face costs that are far above that threshold. In fact, about half of families surveyed by Care.com...
by admwiu | Dec 5, 2023 | Newsletter, Retirement
When you open an account or update an existing account at a brokerage or a financial firm, you may be asked if you want to designate a “trusted contact.” This individual may be contacted in certain situations, such as when financial exploitation is suspected or there...
by admwiu | Dec 5, 2023 | Newsletter, Retirement
Headline inflation, which refers to the 12-month increase in the Consumer Price Index (CPI), increased 9.1% in June 2022 — the highest rate since 1981 — before the U.S. economy began the fraught process of disinflation.1 Disinflation means the rate of inflation is...
by admwiu | Dec 5, 2023 | Newsletter, Retirement
When you leave your job or retire, you have an opportunity to manage your funds in an employer-sponsored retirement plan such as a 401(k), 403(b), or government 457(b) plan. Depending on the situation, you generally have four options. Rollover The approach that gives...
