Retirement Planning Archives - Page 2 of 3 - HFM Investment Advisors, LLC

The landscape of talent management and total rewards is transforming rapidly; it's vital to ensure that your 401k plan design adapts to the changing times of employment. The future of talent management and total rewards is changing. With the SECURE Act 2.0 now in effect, the field of plan design must keep pace with the ever-evolving employment landscape. There are a number of ways that can help you stay ahead of the competition, toward securing better outcomes for your workforce. Our plan sponsor newsletter focuses on: Total Rewards: Helping define and implement effective compensation strategies tailored to individual needs. Plan…

Taking the “Insecurity” Out of Social Security.

Financial Wellness, Retirement Planning

When to claim Social Security benefits is one of the most crucial decisions to make when planning for retirement, and only some people understand how Social Security benefits work or how to optimize their benefits, resulting in someone taking them at a sub-optimal time. Some common questions you may ask yourself include: Will Social Security be there for me? When does it make sense to delay benefits- and when does it not? Is there an optimal time? What if I'm single, divorced, widowed, married or remarried? Can I still work and collect my benefits? What is the connection with Medicare?…

Aging with Grace: Ensuring a Burden-Free Future through Life Care Planning

Financial Wellness, Podcast, Retirement Planning

HFM is shining the spotlight on the crucial topics of elder law planning and life care planning. CERTIFIED FINANCIAL PLANNER Jason Gabrieli is joined by Brittany Tedesco, Esq. from Bratton Law Estate and Elder Attorneys, a seasoned expert in the field, who guides listeners through the various aspects and timelines associated with these services. The conversation centers around the practical side of end-of-life planning and the resources available to those navigating this process, with the objective is to ease the pressure on the family and the client, allowing them to focus on their roles without worrying about technical aspects…

Calculating Your Optimized Social Security Formula

Financial Wellness, Podcast, Retirement Planning

CERTIFIED FINANCIAL PLANNER and Registered Social Security Analyst Catherine Allen-Carlozo sits with Jack McGee to delve into the world of social security and retirement planning. They emphasize the value of informed decision-making when it comes to social security benefits and retirement age. The discussion centers around exploring various options and strategies to maximize social security earnings. Accurate income figures take the spotlight, dispelling prevalent misconceptions about social security. Tune in as Catherine and Jack shed light on these crucial aspects of financial planning on this insightful episode of Dollar Wise. Tune into this episode to also learn: What factors…

Cash Balance Plan: Could You Save Even More?

401(k), Business Owners, Retirement Planning

If you are a New Jersey business owner looking to maximize tax deductions and accelerated retirement savings, you might consider a cash balance plan! Cash balance plans provide a unique way to save for retirement that combines features of both traditional defined benefit plans and 401(k) plans. A cash balance plan can help you and your key employees save upwards of $200,000 per year for retirement! If you are looking for larger tax deductions and accelerated retirement savings, a Cash Balance Plan may be a perfect solution for you. Cash Balance Plans at a Glance Key Benefits Include: Tax advantages…

The Return of the 3% Interest Savings Account

Investments, Podcast, Retirement Planning

It’s stressful when interest rates go up - you can afford less, and your home and car payments go up. But, there is a way to use high interest rates to grow your cash and net worth. We discuss how to make high interest rates serve you rather than scare you. TUNE INTO THIS EPISODE TO ALSO LEARN: Should you put money in an online bank? Best way to protect yourself against inflation How to increase your cash in the short term WHAT WE DISCUSSED (00:41) The plus side of high-interest rates (03:13) Free money from your bank (guaranteed) (04:49)Which…

What Does the Inflation Act Means For You?

What Does the Inflation Act Mean For You?

Business Owners, Financial Wellness, Investments, Retirement Planning

This article details the top three provisions in the Inflation Reduction Act that the average American will benefit from the most.

Social Security and Retirement Earnings

Financial Wellness, Retirement Planning

Just because you've retired doesn't mean you have to stop working. However, working income may affect your social security earnings.

September Is Life Insurance Awareness Month

Business Owners, Financial Wellness, Retirement Planning

This article will use Life Insurance Awareness Month as an opportunity to talk about the importance of life insurance.

How To Claim Social Security Without Losing Money with Martha Shedden

Financial Wellness, Podcast, Retirement Planning

Social security might be your largest asset in retirement, but how long will it last? And how can you increase the money you receive when you retire? When you don’t know what you’re entitled to, you might leave more money on the table than you think. Catherine from HFM Investment Advisors and Martha Shedden, a social security expert and educator, have a conversation about what you must know about social security so that you can get as much money as possible during retirement.