Cole Leonida, Financial Planner | CFP® | CPWA® | CKA®
The SECURE 2.0 Act and Your Retirement
The SECURE 2.0 Act introduces more than 90 changes to the rules around retirement savings. Many of these changes create opportunities and add flexibility, but they may also introduce greater complexity to your financial plan. With so many new changes set to roll out over the next few years, it’s easy to get overwhelmed. What’s…
Navigating the Complexities of the SECURE 2.0 Act
In 2019, the “Setting Every Community Up for Retirement Enhancement” (SECURE) Act sought to close the retirement savings gap and help more people save. This year’s SECURE 2.0 Act builds upon that foundation with a robust package of new rules designed to provide more opportunity and flexibility to workers planning for retirement. This is a…
Why Now is Not the Time to Buy Annuities
They say the only certainties in life are death and taxes. I’d be tempted to add one more truth to that list: Whenever there is an economic downturn, annuity sales rise. Annuity sales for 2022 broke $300 billion, shattering the previous record set during the 2008 recession. The timing of these purchases is not coincidental….