If your employer allows 401(k) trading, you may want to trade securities with your 401(k) money. Find out how often you can buy and sell in your 401(k). 3 min read. Originally, a 401(k) account wasn’t meant to be a brokerage account where employees could trade securities. Instead, it was meant to be a place … Read more
Tina is in charge of the Citizens Wealth Management financial planning and estate planning team, which is made up of CERTIFIED FINANCIAL PLANNERSTM, estate and tax planners, and trust officers. As a strategic partner, she helps clients deal with and grow in new situations. The idea of being able to spend their days however they … Read more
It’s not easy to get approved for Social Security Disability Insurance (SSDI) benefits. Statistics from the Social Security Administration (SSA) show that between 2063 and 2074 percent of initial applications for SSDI benefits are turned down. Because it is so hard to get approved in the first place, many people who receive these benefits worry … Read more
Are You Behind or Ahead in Your Financial Journey? Let’s be honest – turning 40 hits different. You’re likely juggling career demands, family responsibilities, and maybe even caring for aging parents. With all that going on, it’s no wonder if retirement savings has taken a backseat. But here’s the uncomfortable truth your 40s are critical … Read more
You’re not the only one who wants to retire at 55 with their stethoscope or hospital badge. A lot of people who work for the NHS wish they could leave the demanding healthcare world early. You can retire at age 55 with an NHS pension, which is good news. But there are important conditions, reductions, … Read more
Are you staring at a mountain of debt while also having money sitting in your 401(k)? It’s tempting to think about tapping into those retirement funds to get out from under the crushing weight of debt. I mean, who hasn’t daydreamed about being debt-free overnight? But before you make that call to your retirement plan … Read more
See how much monthly income an annuity could provide and get objective guidance by calling 866-663-5241. You can buy a 5-year annuity. In fact, they’re becoming more popular as people look for safer ways to invest their money that are guaranteed to pay off. You’re in the right place if you want to know if … Read more
It’s a topic we get a lot of questions about – How do I hide money from my spouse legally? Should I put money aside for a rainy day divorce fund? Is a secret cash stash a good idea?. There are many reasons why someone may be inclined to hide money from their spouse. Even … Read more
Yes, You Can Still Convert to a Roth IRA in 2021! Want to switch to a Roth IRA before the end of the year? Good news: you can do a Roth conversion in 2021! With only a few months left in the year, it’s more important than ever to understand the rules, benefits, and possible … Read more
You changed your traditional IRA to a Roth IRA, but now you’re not sure if you should have done it. The tax bill may have been bigger than you thought, or your finances may have changed. You’re probably wondering: can a Roth conversion be recharacterized?. I’ve helped many clients navigate this exact situation, and the … Read more