When planning for retirement, an important factor that is often overlooked is the potential for declining cognitive skills associated with aging. Cognitive impairment (CI), often attributable to dementia or Alzheimer’s disease, can have profound implications for your overall health and well-being, particularly during retirement. The cost of care can absorb income and significantly deplete retirement savings. It can also deprive you of the ability to effectively manage your financial affairs.Details
The Advisor’s Corner is a resource for the community that offers insightful information into personal financial considerations and business financial issues.
The articles cover a broad range of topics, and we hope that you will find them useful in helping you to think about getting your fiscal house in order. Economic Empowerment starts at home.
According to the Plan Sponsor Council of America (PSCA), more than half of all 401(k) plans enroll employees automatically. Yet just 19% of plans with fewer than 50 participants have this feature. Might automatic enrollment be right for your organization?Details
If you are the adult child of aging parents, you may find yourself in the position of someday having to assist them with handling their finances. Whether that time is in the near future or sometime further down the road, there are some steps you can take now to make the process a bit easier.Details
100 Black Men of Tampa Bay 2017 Pathways to Success Program Mission: Provide and reinforce student workforce readiness and entrepreneurial excellence. Who: Program is open to male & female Junior and Senior High School students. When: 18-week program from January 2017 thru May 2017 What: This free program addresses deficiencies in basic business competencies for…Details
If your employer-sponsored retirement savings plan allows pretax, after-tax, and/or Roth contributions, which should you choose?Details
When it comes to planning your estate, you might be wondering whether you should use a will or a trust (or both). Understanding the similarities and the differences between these two important documents may help you decide which strategy is better for you.Details
After earning their degrees, many college graduates face a new challenge–repaying their student loans. If you’ve recently graduated from college, you might have some concerns about how you’ll pay your student loans. Here are some answers to common questions about paying student loans.Details
Small-business owners must rely on their own ingenuity and innovation to survive. Fortunately, over the past decade, innovation has also emerged in the networks supporting small businesses, helping them acquire much-needed resources.Details