Even when most of a married couple’s retirement assets reside in different accounts, it’s still possible to craft a unified retirement strategy. To make it work, open communication and teamwork are especially important when it comes to saving and investing for retirement.
Getting married is an exciting time for a couple. However, along with this excitement comes many challenges. One such challenge is how to manage your finances together.
Anyone having funds in a qualified retirement plan or IRA should have designated at least one beneficiary for the funds should something happen to the owner. Uninformed choices at the set up or because of changes in circumstances can cause the beneficiary choices to be inappropriate today. Review your beneficiary designation forms and look for these common mistakes…
No matter what your age, your work-based retirement savings plan can be a key component of your overall financial strategy. Following are some age-based points to consider when determining how to put your plan to work for you.