Tuesday, August 10, 2021

Young Americans Are Saving For Retirement Sooner

Young Americans Are Saving For Retirement Sooner

Article Excerpt: "...millennials and members of Generation Z—started saving much earlier than their parents, which means their assets will have more time to grow. “People are doing an admirable job,” said Catherine Collinson, president and CEO of the Transamerica Center for Retirement Studies. “With everything that they’ve had to face, it’s very impressive people are still planning about their future..."



Resource: www.forbes.com



Read More

Monday, August 9, 2021

How to Protect Your Pension in Divorce

How to Protect Your Pension in Divorce

Article Excerpt: "...Separating your assets from those of your spouse can be particularly tricky if your pension plan is at stake. A pension earned by one spouse is generally considered a joint asset, which means it's subject to division in divorce. If a marital split is in the works, here's what you can do to shield your pension benefits as much as possible..."



Resource: www.investopedia.com



Read More

Big 2022 COLA: Good news or bad news?

Big 2022 COLA: Good news or bad news?

Article Excerpt: "...People who retire voluntarily under the FERS don’t get any cost-of-living adjustment until they reach age 62. And once they are eligible for inflation catchups, they are under the diet COLA rule, meaning that once the January COLA exceeds 2 percent, FERS retirees get less. If the January 2022 COLA is 6%, CSRS retirees will get the full amount. FERS retirees (except for law enforcement, air traffic controllers and others under mandatory age rules) won’t..."



Resource: federalnewsnetwork.com



Read More

3 Solid Dividend Stocks For Enhancing Retirement Income

3 Solid Dividend Stocks For Enhancing Retirement Income

Article Excerpt: "...In this favorable environment for higher dividend income, below we analyze three blue-chip stocks which could prove a good fit for any retirement portfolio..."



Resource: www.investing.com



Read More