Have you been wondering, “When should I start taking my Social Security?”

The “right” answer to this common question depends on a wide array of personal variables. It depends on how Congress acts. It depends on how the unknowable future plays out.

Let’s take a closer look at how to find the right balance for you.

The SECURE 2.0 Act, was similarly enacted at year-end on December 29th, 2022. The legislation seeks to reform how Americans prepare for retirement while juggling current spending needs. Following is an overview of its key components.

There are many planning strategies you can take before the year ends to help potentially reduce your 2022 tax liability and maximize your financial plan as we move into 2023. Most investment-related strategies must be complete by December 31, 2022, so it is important to act now.

As the end of the year approaches, investors over the age of 72 need to ensure they have taken their 2022 Required Minimum Distributions (RMDs).

The IRS's Rule 72(t) allows for penalty-free withdrawals from an IRA or other specified tax-advantaged accounts. If you need to access retirement funds early, here's how you can do so without facing the 10% withdrawal penalty and income tax.

HSAs carry a unique characteristic that can assist with portfolio decumulation efficiencies in retirement. If you save receipts, you can reimburse yourself from the HSA years later to access tax-free liquidity, in addition to the tax-deferred growth and tax-deductible contribution.

The SECURE Act was signed into law in late December and made many changes to rules around retirement plans and other investment arenas. Almost all investors are impacted, so it is good to see what is inside.