Category: Retirement Planning

KF Update – Charitable Giving

4 Minute Read Strategies around charitable giving have evolved since the updates in the most recent tax law, specifically changes around the standard deduction. Far fewer people have the ability to itemize and take a tax deduction for their charitable gifts. That said, there… Continue Reading “KF Update – Charitable Giving”

KF Update – Year End Planning

4 Minute Read Good morning, I hope this email finds you and your families well, and you had a wonderful Thanksgiving. With the dust mostly settled around the election (except for an incredibly close local house seat), I thought we could shift focus to some… Continue Reading “KF Update – Year End Planning”

GE freezes pension and offers buyouts

2 Minute Read The conglomerate GE took steps earlier this month to shore up their retirement program by freezing the pensions of 20,000 existing employees and offering buyouts to 100,000 former employees who have yet to start collecting their benefit.

Average 401(k) Savings by Age

2 Minute Read A question I am asked frequently when discussing retirement; how much should I have saved?  Some “experts” claim you need to replace 80% of your pre-retirement income, while other marketing campaigns by financial services companies want us to believe that we need close to… Continue Reading “Average 401(k) Savings by Age”

Thoughtfully Rolling a Workplace Retirement Plan to an IRA

3 Minute Read When you retire or leave your place of employment, you have the option to leave your money in your company plan, or roll the money to an IRA. The IRA can provide several benefits including more investment options, professional management, personalized… Continue Reading “Thoughtfully Rolling a Workplace Retirement Plan to an IRA”