It is common knowledge by now that if a person applies for their Social Security benefit after full retirement age (FRA), the benefit will include delayed retirement credits (DRCs) of 8% per year up to age 70. This is enough to entice savvy people—especially higher earners—to claim at 70 even if they retire before then. […]
Delayed Retirement Credits Read More »
“Social Security is one of the most effective poverty-prevention programs in history. According to the U.S. Census Bureau, it keeps nearly 29 million Americans from sliding into poverty each year,” BlackRock CEO Larry Fink wrote in his 2025 letter to investors. Nonetheless, while it provides a basic level of income, we’re also mindful that Social Security, by
Making Sense of Social Security: The Basics and Key Considerations Read More »
The SECURE 2.0 Act, signed into law at the end of 2022, brought dozens of changes to retirement planning. One of the most exciting—and least talked about—provisions is that employers can now offer Roth SEP and Roth SIMPLE IRAs. For small business owners, freelancers, and employees in these plans, that’s a game-changer. What Changed? Before
SECURE 2.0 Opens the Door to Roth SEP and SIMPLE IRAs Read More »
Unlocking Retirement Potential with Defined Benefit Plans Are you a highly paid professional or business owner looking for ways to maximize your retirement savings while reducing taxes? Do you want to set aside more than what traditional retirement accounts allow? If so, a Defined Benefit (DB) Plan might be exactly what you need. What is
How Business Owners Can Save Far Beyond a 401(k) Read More »
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 »
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 »