Retirement

Tax Friendly Retirement States

2019-11-06T11:44:52-05:00November 6th, 2019|Retirement, Social Security, Taxes, Uncategorized|

Georgia ranks as one of the most tax friendly states for retirees. Georgia does not tax Social Security benefits and provides a deduction of $65,000 per person on all types of retirement income for those individuals 65 and older. Most counties within Georgia also provide for additional senior exemptions as a means to lower [...]

Social Security Benefits Cost-of-Living Adjustment for 2020

2019-10-15T15:54:46-04:00October 15th, 2019|Retirement, Social Security|

On October 10, the Social Security Administration (SSA) announced that recipients will be receiving a 1.60% raise in January 2020 in the form of a cost-of-living adjustment.  SSI recipients will receive their increased paychecks in December 2019. The raise is lower than the last couple of years because inflation in the third quarter (July, [...]

Employee Stock Plan Mistakes to Avoid

2019-10-10T07:37:50-04:00October 10th, 2019|Beneficiaries, Benefit Plans, Options, Retirement, RSUs, savings, Stock Plans|

Fall is open enrollment for many employer benefit plans. Employee stock plans are a great way to build wealth and help you reach your financial goals. Confusion over these plans often leads to costly mistakes. Thanks to Fidelity for helping with their 6 Employee Stock Plan Mistakes to Avoid.  

Saving for College vs. Retirement

2023-09-21T15:54:47-04:00May 14th, 2015|Retirement, Saving for College|

When budgeting each month, many parents face a trade off between saving for retirement versus saving for your children’s college education. In this trade off, retirement savings may be partially or entirely sacrificed for your children’s future — a valiant decision in the short term that may have serious long-term implications. With this in mind, [...]