The Planned Solutions, Inc. Blog is your one stop shop for all your financial planning advice and news to keep you up to date with your financial goals. If you would like to subscribe to our email newsletter which includes blog posts plus extra announcements, please email Katie@plannedsolutions.com.
Wednesday, December 30, 2020
While we always strive to ensure your beneficiary designations are current with your wishes, adding a “Per Stirpes” or “Per Capita” distribution option to your existing designated beneficiaries can help ensure...
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Monday, December 28, 2020
As part of the CARES Act many taxpayers received a one-time Economic Impact Payment of up to $1,200. This payment was intended to stimulate the economy by getting money to those who were negatively affected by the Coronavirus. It was...
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Friday, November 20, 2020
Retirement plan contribution limits are indexed for inflation and can be adjusted in minimum increments of $500. This year inflation was low so many of the retirement plan numbers did not change or changed very little. The contribution...
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Friday, October 30, 2020
Deciding who inherits your assets when you’re gone is never an easy decision. While sometimes it may sound as simple as listing your spouse and children equally, there are many other factors to consider including the different...
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Monday, October 12, 2020
Many retirees face the question of when they should start drawing their Social Security benefits. The monthly amount paid in Social Security benefits can increase by as much as 8% each year a person delays receiving benefits, up until...
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