Michael Adams is founder of Environics Research Group, a leader in social values research, and author of a book on boomers in retirement. He contrasts the attitudes toward retirement of early boomers (who were then ages 53 to 62) with the previous generation of retirees, who were in their 60s in 1992. As an example, […]
The Coming Retirement Revolution—And 7 Things It Means for You Read More »
Retirement as a formal idea and lifestyle is a relatively modern concept. For most of human history, people worked until they were physically unable and then relied on family or community support. It wasn’t until the industrial age that the concept of retirement was born. In 1875, the American Express Company established the first
Not All Retirement Accounts Are the Same: What Everyone Should Know Read More »
You may be surprised at some of the documents we recommend when it comes to estate planning and generational wealth transfer. Leaving a lasting legacy for your family requires smart planning now. Intergenerational wealth transfers can create havoc within the family if not handled correctly. We discuss below six documents that you should have in
6 Documents You Need to Preserve Family Legacy Read More »
Beginning in 2026, most Vermont employers will be required to provide their employees with access to a retirement savings plan through the new Vermont Saves program. This initiative automatically enrolls eligible workers into a state-facilitated Roth IRA, funded through payroll deductions. While Vermont Saves is designed to expand access to retirement savings, it’s not always
Starting in 2026, most Vermont employers will be required to give employees access to a retirement plan through the new Vermont Saves program. This state-run initiative automatically enrolls eligible employees in a Roth IRA, deducted directly from payroll. While the program ensures workers can start saving, many business owners may prefer to offer a private
Did You Know? Vermont has introduced a new law requiring businesses with five or more employees to provide access to retirement savings—even if the employer doesn’t currently offer a plan. The initiative, called Vermont Saves, is designed to ensure workers have a retirement option, but it also comes with strict rules, limited flexibility, and state-mandated
Vermont Saves: A New Mandate for Vermont Employers Read More »
The One Big Beautiful Bill Act introduced a new savings plan that can help build savings for children’s college and other expenses. But, how do the new Trump Accounts compare to existing 529 plans and Roth IRAs? Our expert outlines the details. President Donald Trump’s One Big Beautiful Bill Act (OBBBA) introduces a new savings vehicle for
Trump Accounts vs. 529 Plans and Roth IRAs: What’s Best for Your Child? Read More »
Did you know? Under Vermont’s new law, employers with five or more employees will soon be required by the state to facilitate retirement savings – even if they don’t offer a plan. It’s called Vermont Saves, and while it checks the compliance box, it comes with government-mandated limitations and zero flexibility. About the Rollout The Vermont
Vermont Saves; a New Small Business Retirement Plan Mandate Read More »
Smart Strategies for Qualifying for Early Distribution Penalty Exceptions. Early—or pre-age 59½—distributions from IRAs and employer plans are subject to a 10% early distribution penalty unless an exception applies. In Part 1, we explain how to avoid losing eligibility for some exceptions by changing from one type of plan to another. In Part 2, we highlight
How to Avoid the 10% Early Distribution Penalty: Part 2 of 2 Read More »