Tuesday October 19, 2021
News
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Personal Planner
IRA and 401(k) Designated Beneficiary Options
Each year, IRAs and 401(k)s are subject to required minimum distributions (RMDs). Because the distributions start at just under 4% at age 72 and then slowly increase, many IRA and 401(k) plans earn more than those payouts and will continue to grow....
Washington News
Largest Social Security Increase in Four Decades
The Social Security Administration has announced a 5.9% increase in benefits for 2022. This is a dramatic change over the 1.3% increase for 2021. During the past decade, the increases have generally been less than 2%. Approximately 70 million...
Savvy Living
Financial Assistance for Aging-in-Place Improvements
Do you know of any financial assistance programs that can help seniors with home improvement projects? I would like to help my grandparents make a few modifications to their house so they can continue living there safely, but they live on a fixed...
