What are your thoughts on Roth conversions if you are in the highest tax bracket and plan to be there moving forward? -Joel If you ask some financial…
Read more I’m in the Highest Tax Bracket. Is a Roth Conversion a Good Idea?Whether you’ve just started your journey to financial health or have years of experience, you’ve probably heard how investing can play an important role in your overall finances.…
Read more Your Financial Future: Four Tips for Building Your Investment StrategyOnce you begin taking required minimum distributions (RMDs) at age 73, you must withdraw a set amount each year from your pre-tax retirement accounts. If you don’t need…
Read more 5 Smart Money Moves to Make With Your RMDsMan looking at taxes from his social security Deciding when to take Social Security benefits is one of the most important questions to answer in planning your retirement…
Read more Does My Retirement Income Count as Income for Social Security?Press Release • Jun 10, 2024 One’s home is often their biggest and most important asset in their life. But should they sell it once they retire to…
Read more ComparisonAdviser’s Latest Study Investigates Whether Selling a Home in Retirement is a Smart MoveAmong retirement rules of thumb, saving 10 times your salary by 67 reigns supreme. But workers should also have another way by planning for their savings to provide…
Read more Does Fidelity's 45% Rule Still Hold Up?Ask an Advisor: If I Have a Tax-Deferred 401(K). Can I Convert It to a Roth IRA Without Paying the Deferred Taxes When I Roll It Over? If…
Read more Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes?SmartAsset: Alarming number of working Americans cash out retirement accounts when changing jobs The very essence of a retirement nest egg lies in the concept of patient growth…
Read more Study: Too Many Americans Are Making This Retirement MistakeAt 67, you’re presumably at or near retirement. If you have $1 million in IRAs, it may be attractive to converting to a Roth because it can provide…
Read more We're 67 Years Old With $1 Million in IRAs. Is It Too Late to Convert to a Roth?A man considers delaying Social Security past his full retirement age to increase his eventual benefit. If you have $1 million in a 401(k) and collect a pension,…
Read more I Have $1 Million in Savings and a Pension. Should I Delay Social Security and Rely on My 401(k) for 8 Years?Individual Retirement Accounts (IRAs), 401(k)s and other workplace plans can help you build wealth for the future while enjoying some tax benefits. There’s just one important thing you…
Read more 6 Strategies to Help Lower RMD TaxesFinancial advisor and columnist Michele Cagan I am 48 years old. I made $310,000 last year and I currently have $546,000 in my retirement plan at work. My…
Read more Ask an Advisor: I Made $310,000 Last Year and Have $546,000 in Retirement Savings, But My Spouse Doesn’t Work. How Can I Save More?Dividends are the bread and butter of income investors. You don’t need to sell your assets or spend hours every day managing your accounts. Instead, dividend stocks simply…
Read more Can I Make $1,000 Bucks Every Month in Dividends?Photo by Chris Williams For community banks, marketing often points to finding ways to educate, support and grow community, as well as customer knowledge and awareness. True relationships…
Read more Rebeca Romero Rainey: Authentic connectionPhoto by Ismail Rajo/iStock The time has come for the long-awaited FedNow launch. As community banks navigate this process, there are plenty of resources available to answer questions…
Read more The community bank guide to FedNow resourcesPhoto by Chris Williams I am grateful to have had the opportunity to serve as chairman. I will continue to advocate for community banking, and for the rest…
Read more Brad Bolton: Keep advocatingBankOnBuffalo president Michael Noah says the bank’s mobile branch will provide service to those who don’t have easy access to banks. Photos by Luke Copping Photography BankOnBuffalo has…
Read more BankOnBuffalo redefines mobile bankingBy Lindsay LaNore, ICBA The theme for ICBA LIVE 2023 is “Light the Fire. Light the Way.” As leaders, that’s a huge part of what we do: spark enthusiasm,…
Read more Lindsay LaNore: 7 ideas for cultivating inspirationValley Bank offers financial literacy education to women through Hoving Home. Valley Bank is working side by side with Walter Hoving Home, a place of refuge for women…
Read more Valley Bank helps lead women homeFrom left: Coastal Heritage Bank staff Pat Driscoll, Sondra Krieg, Lisa Levy, Janet Joyce, Diane Calabro and Scott Ambroceo. Photo by Mike Ritter Spurred by social distancing and…
Read more The benefits of offering virtual advisor services
