An executive deferred compensation plan is a retirement savings plan used by high-level employees, such as CEOs and other executives, to save for their retirement years. This may be the...

Nongrantor trusts can be a useful tool for estate planning purposes. However, it is important to understand how they work and what their advantages and disadvantages are before deciding whether...

Retirement is a time of life many look forward to, but it can also be a source of anxiety if you’re unsure how to make sure you have enough money...

Life insurance is designed to provide financial security to your loved ones after you are gone. Depending on your situation, this money might help to pay off debt, fund your spouse’s retirement,...

Investing in a 401k is an important part of planning for your financial future. However, it's important to understand the rules and regulations surrounding your 401k before you start investing....

While beginning early is always important – like simply saving $25 a month in your 20s – it doesn't always work out where you're able to put money aside into...

As you plan your retirement, understanding the benefits of social security can be beneficial. For many Americans, social security benefits play an essential part in their retirement income. Therefore, it...

Planning for retirement can be complicated and stressful. You’ve worked hard for decades, and now you have to figure out how to manage your income streams and savings to enjoy...

A Roth 401k brings many benefits of a traditional employer-sponsored 401(k) retirement savings vehicle. But with a traditional 401 k, you save for retirement with pre-tax dollars and write off...

If you’ve ever thought about estate planning, you’ve probably come across the terms “trust” and “will," but what are they, and which is best for you? Many don't understand the...

Retirement is one of the most exciting times in a person’s life, but it can also be a time of financial stress. Some retirees may find themselves faced with having...

Preparing for retirement can be challenging. One of the most important things you can do is ensure the health of your overall retirement nest egg and understand your financial goals....