by SDP Team | Apr 18, 2023 | Money in A Growing Family
Retirement spending typically changes with time in several ways: Early Retirement: In the early years of retirement, many people may spend more than they did during their working years. This is because they have more free time to travel, pursue hobbies, and engage in...
by SDP Team | Apr 18, 2023 | Money in A Blended Family
Most understand that waiting to claim Social Security benefits can result in higher monthly payments. However, many don’t know that there are other ways to maximize their benefits, some of which depend on their marital status. Understanding the strategies for...
by SDP Team | Apr 18, 2023 | Financial Principles To Live By
For most Americans, Social Security has represented nothing more than some unavoidable payroll deduction with the positively cryptic initials of “FICA” and “OASDI” (Federal Insurance Contributions Act and Old Age, Survivors and Disability...
by SDP Team | Apr 18, 2023 | Money in A Growing Family
Want to give your child or grandchild a financial head start? A Roth IRA might be a choice to consider. Read on to learn more about how doing this may benefit both of you. Rules for setting up a Roth IRA. If your teen has an earned income, you may be able to set up a...
by SDP Team | Apr 18, 2023 | Financial Principles To Live By
Will you pay higher taxes in retirement? It’s possible. But that will largely depend on how you generate income. Will it be from working? Will it be from retirement plans? And if it does come from retirement plans, it’s important to understand which types of plans...
