Weighing a pension lump sum vs. monthly payments? Explore how flexibility, life expectancy, taxes, and investment returns should shape your decision.
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Buffer ETFs, also known as Defined Outcome ETFs, are a newer investment product that hit the market in 2018. These products have been getting attention in the investment world and are growing in popularity. Therefore, we wanted to take some time to review these products and highlight important aspects that should be considered before investing.
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If you've recently enrolled in Medicare — or you're approaching age 65 — you may have noticed a surprising line item on your premium statement: an extra charge tacked onto your Part B or Part D premium. This isn't a billing error. It's called IRMAA, and if you're a higher-income retiree, it's worth understanding well before you turn 65.
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Saving for a child's education is one of the most generous gifts a parent or grandparent can give. But with college costs climbing every year, choosing the right savings vehicle matters just as much as the saving itself.
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We at Beacon Financial Strategies believe that rebalancing is an integral component of the investment management process. In this presentation, Chip Hymiller, AIF®,CFP® explains the concept of rebalancing and discusses the advantages of implementing a portfolio rebalancing strategy.
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Employer-sponsored retirement plans such as 401(k)s are some of the most powerful retirement savings tools available. If your employer offers such a plan, we would strongly recommend you consider participating.
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Beacon recently hosted a live webinar to update clients and friends about the financial markets and current economic conditions. We also provided some financial planning strategies to consider that could have a meaningful impact over the long term.
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