Do you know how much you need to save for retirement? What considerations go into creating a financial plan? In this episode Melissa Joy, CFP, ® and Melissa Fradenburg, AIF, ® break down many factors that go into retirement planning and your specific financial plan. Resources: Learn more about Pearl Planning. Read Take Control of Your Finances …
Retirement
Episode 150: What the Secure Act 2.0 Means for Your Retirement
The Consolidated Appropriations Act of 2023 (HR 2617), referred to as The Secure Act 2.0, was signed into law in late 2022, and includes important provisions affecting retirement savings plans which are intended to build upon the 2019 SECURE Act. In this episode Melissa Joy, CFP, ® and Melissa Fradenburg, AIF, ® break down many …
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Take Control of Your Finances in 2023: 10 Actionable Tips for a Secure and Prosperous New Year
It’s January, and you’re likely motivated to start the year off right. This is a great time to take stock of your financial situation and plan for the year ahead. Here are 10 actionable tips to help you take control of your finances and set yourself up for a secure and prosperous 2023. Download the …
Episode 145: Social Security Basics with Vonda VanTil
Do you know how long you have to work to become fully insured for social security benefits? What happens if you spend time out of the workforce? Will social security benefits be available for future retirees? Our guest has over 30 years experience working for the Social Security Administration. In this episode, Melissa Joy, CFP …
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Four Things To Do Now if You Got Divorced in 2021
As a divorce financial planner in 2021, I worked side-by-side with many clients who struggled through the emotional and financial trauma of divorce. Once a settlement has been reached, everyone’s mental energy gets pushed higher as the language in the final decree is debated in fine detail. Anyone who has been through this process understands …
Am I Eligible for a Mega Backdoor Roth IRA Contribution?
In previous posts, we have discussed Roth conversions being a potential option when you have phased out of the contribution limits for a Roth IRA. Today, we will be discussing another type of Roth conversion called a mega backdoor Roth contribution. A mega backdoor Roth IRA involves making a non-Roth, after-tax contribution to a 401(k) …
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