An Advisor Action Plan for Encouraging Retirement Savings

Posted by Dan Collins

November 7, 2017 at 10:00 AM

The data on retirement savings tells a frightening story. According to the 2017 Retirement Confidence Survey from the Employee Benefit Research Institute (EBRI), 6 in 10 American workers feel confident in their ability to retire comfortably, yet only 18 percent feel very confident. What’s even more concerning? Just 41 percent of American workers report they or their spouses have attempted to calculate how much money they need to live a comfortable retirement.

Read More

Topics: Retirement Income Planning

An Advisor’s Guide to Medicaid Estate Recovery

Posted by Maureen Baxter, CLU, ChFC

May 31, 2017 at 1:30 PM

As you’re likely aware, Medicaid is a joint federal and state program that provides a range of health care services to individuals with limited financial means. But what you may not know is that states may place a lien on a recipient's probate estate (and, in some states, nonprobate estate) for the amount of benefits paid during his or her lifetime. (Although there are some specific protections for surviving spouses, children younger than 18, and disabled family members.)

Read More

Topics: Retirement Income Planning

Pensions and Social Security: The Impact of the WEP and GPO

Posted by Justin C. Duft, JD, CFP, CLU, ChFC, CLTC

January 25, 2017 at 1:30 PM

When it comes to planning for retirement income for those clients who have a history of working in both the public and private sectors, things can get tricky. Specifically, there are two legislative provisions—the windfall elimination provision (WEP) and the government pension offset (GPO)—designed to prevent these individuals from receiving their full pensions and social security benefits, which can drastically affect how much retirement income they receive.

Read More

Topics: Retirement Income Planning

6 Retirement Questions Financial Advisors Should Prepare For (And Every Client Should Ask)

Posted by Justin C. Duft, JD, CFP, CLU, ChFC, CLTC

January 24, 2017 at 10:00 AM

When it comes to planning for the future, clients will have many questions for you, their trusted advisor. By responding carefully—and with relevant, detailed information—you'll help your clients make well-informed decisions and reach their retirement goals.

But what will your clients want to know? Here are six critical retirement questions financial advisors should prepare for (and every client should ask).

Read More

Topics: Retirement Income Planning

How to Help Clients Evaluate Pension Considerations at Retirement

Posted by Maureen Baxter, CLU, ChFC

November 9, 2016 at 1:30 PM

In today’s landscape, there are fewer defined benefit (DB) pension plans offered by private-sector employers. Still, you may have clients who are participants in these plans. As their financial advisor, how can you help clients evaluate pension considerations at retirement, including the different payout options for their DB pension plans? Here, we’ll cover the various payout options available, plus other important factors like the changing regulatory environment, that you can review with your clients to help them make the right pension decision for their individual situation.

Read More

Topics: Retirement Income Planning

Commonwealth Business Review
5 Ways to Affiliate
The Independent Market Observer, Brad McMillan

Follow Us