As the last quarter of the year is approaching, now is a great time to check in with your finances and make sure you are on track with your savings goals. With each calendar year, many of us have the opportunity to contribute to retirement plans through our employers.
A “spousal” Individual Retirement Account (IRA) allows a spouse with little or no compensation from employment to open a separate IRA and complete contributions based on the other spouse’s income. I’ve put together this quick guide to help you evaluate whether a spousal IRA might be beneficial for you.
Modera’s own Chief Investment Officer, George Padula writes about constructing a retirement portfolio to help you sleep better at night, in this article published on TheStreet.com
Good news. Once again the IRS has increased the employee contribution limit for 401(k) and other retirement plans in 2020. The contribution limit has been increased from $19,000 in 2019 to $19,500 in 2020 for employees participating in the following types of employer-sponsored retirement plans:
Modera’s Laurie Burkhardt shares her thoughts on health insurance post retirement
Modera's Laurie Burkhardt provides perspectives on cash reserves considerations.
Modera's Robert Sinsheimer discusses the potential tax considerations when selling your home.
Modera's George Padula offers insights on the recent market decline.