by Ronnean D Collins | Jan 14, 2022 | For System Office Staff, Retirement News
One of the deepest fears as retirees approach the start to their retirement journey is the fear of the unknown. Donald Rumsfeld once stated that “There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things...
by Ronnean D Collins | Jan 14, 2022 | For System Office Staff, Retirement News
As we move into the new year many will be welcomed with a long-awaited Legislative Increase provided by the approved State Budget. While you may have already made plans for your new increase, it is also a key time to consider giving your retirement plan a raise by...
by Ronnean D Collins | Jan 14, 2022 | For System Office Staff, Retirement News
Tax law places limits on the dollar amount of contributions to retirement plans and IRAs and the amount of benefits under a pension plan. IRC Section 415 requires the limits to be adjusted annually for cost-of-living increases. The limit on contributions by employees...
by Ronnean D Collins | Jan 14, 2022 | For System Office Staff, Retirement News
Paying attention to tax strategies for your retirement income is important. Making tax-savvy moves now can help with your current income and future financial savings goals. There are a variety of tax deductions and credits available to people who save for retirement....
by Ronnean D Collins | Oct 4, 2021 | For System Office Staff, Retirement News
Just as regular health check-ups can help find potential health issues before they become a problem, so may conducting an annual check-up on your retirement savings help prevent veering off-track with your retirement savings goals. Fidelity shares five key steps to...
by Ronnean D Collins | Oct 4, 2021 | For System Office Staff, Retirement News
The month of October is designated as National Retirement Security Month (NRSM). This is a time to make sure your retirement savings and investments are still on track to meet your future goals. Learning more about specific financial needs in retirement is a good...