Understanding Social Security Spousal Benefits

Social Security spousal benefits provide financial support for individuals who may not have earned significant income during their careers, often due to caregiving or part-time work. These benefits are designed to ensure that spouses, including lower earners, can still receive income in retirement.

Happy Quitters Day!

Keeping those New Year’s Resolutions is hard because it requires willpower we just don’t have. But there are some retirement plan New Year’s Resolutions that are easy to keep because they don’t require any willpower.

Naming a Trust as Beneficiary

It’s the new year and one of your resolutions is to finally get your long-overdue estate plan in order. You’ve been hearing a lot about the time and cost associated with probate and are thinking about making a trust your beneficiary to avoid it. However, you’re not sure if it should also be the beneficiary of your 401k. Is there a reason this might not be a good idea?