Archive for May 2018
Do you have a strategy to maximize your Social Security benefits?
The Social Security website makes it sound simple to file for your retirement benefits: “Social Security offers an online retirement application that you can complete in as little as 15 minutes. It’s so easy … In most cases, once your application is submitted electronically, you’re done.” While the process for filing for Social Security benefits…
Read MoreInvest to show your teen the power of compounding
If your teenager is getting ready to land a summer job, it’s a good opportunity to teach him or her about saving money and then using that nest egg as a lesson about the power of compounding. One possibility is to start a custodial Roth Individual Retirement Account, owned by your teen. All you need…
Read MoreCollege grads: How to stay on top of those student loans
You vaguely remember signing a form every year at college registration time. Now that you’ve graduated, it’s all become painfully clear – those forms were promissory notes detailing your student loan obligations. Your loans aren’t going away, and you’ll want to repay them as quickly as possible. So whether you have a small sum or…
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