Health Savings Accounts (HSAs)
With costs skyrocketing and employees paying more and more, the advent of high-deductible health care (HDHC) plans and health savings accounts (HSAs) has become a story worth blogging about.
Advisor Reflections: Have Your Goals Changed?
Across the country, people have found themselves in changing circumstances, re-evaluating their goals and having to update their financial plans as a result of the pandemic – myself included.
The Credit Freeze
This document explains what it means to freeze your credit, details the process of doing so, and answers some frequently asked questions.
Checking Things Twice This Holiday Season
As advisors, we hear many stories about phone scams, identity theft, and cyber fraud, especially around the holidays. As we head into the final weeks of the year, we thought we would follow up with another reminder about staying alert to avoid potential scams. So, with many of us holiday shopping or needing to check online accounts as we take care of year-end to-do items, here are some important tips to remember:
Rakhee Gor
Senior Operations Associate
The Wall Street Journal: Roth IRA Conversions: What You Need to Know
Modera’s Michael Gibney shares perspectives in this article about Roth IRA conversions. Many investors took advantage of the pandemic-induced market decline early this year to do big Roth IRA conversions. Learn how Roth IRA conversions work and who can benefit from them.
Jenny Wayas
Client Service Associate
The Wall Street Journal: Ask Encore: Should You Retitle Your House After the Loss of Your Spouse?
Modera’s Mindy Cleaveland responds to questions about whether to retitle a home after the loss of a spouse if the deed is in both names.
Building Your Divorce Team
If you are considering a divorce, you are not alone. Statistics show that almost 50% of all marriages in the United States will end in divorce or separation. While divorce is becoming less common for younger adults, rates for those adults age 50 and older has roughly doubled in the past 25 years. Given these trends, the need to understand the divorce process becomes that much more important.
An Effective Business Buyout Tool: a Cash Balance Plan
Many business owners transitioning into retirement know it can be beneficial when their younger partners choose to buy them out. However, finding a way to finance the buyout can post a significant obstacle for younger partners. While most aspiring owners may think that buying into a business can only be done with cash or loans, there is another option: a Cash Balance Plan – an innovative, hybrid retirement plan that may provide buyout funding opportunities along with an exit strategy that enables all the parties to benefit.