Speaking with Your Adult Children About Your Retirement
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Speaking with Your Adult Children About Your Retirement

Seniors who have been looking forward to a change in lifestyle or a move upon retirement may want to think about how this change may impact their loved ones. A discussion about retirement may be uncomfortable for parents. Some do not discuss the details of their finances with their children while others share information freely...

Hidden Pitfalls Of Naming A Minor As An IRA Beneficiary
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Hidden Pitfalls Of Naming A Minor As An IRA Beneficiary

Naming someone as the beneficiary of your IRA or other retirement account can be a wonderful way to provide for a loved one after you have passed away. Often, the people we name as beneficiaries of our IRA accounts are our children and/or grandchildren. Prior to the enactment of the Secure Act (January 2020), this...