Whether you're expecting a life-changing inheritance, a modest inheritance or maybe not anything, it's an important situation to think about. Although everyone's situation will be different, there are steps you can take to make sure the transfer of wealth goes smoothly.
Maximizing Health Care Savings in Retirement With an HSA
Depending on your medical needs and those of your family, you may have enrolled in a high-deductible health plan that allows you to pay for medical expenses using a health savings account (HSA). Because contributions go into an HSA pre-tax, grow tax-deferred and are distributed tax-free when used for qualifying costs, this option has gained popularity over the last several years.
6 Key Financial Considerations for Unmarried Couples
As many committed couples are choosing to forgo marriage, it's becoming more common for wealth advisors to receive questions on the financial planning implications.
Annuities are a popular way to supplement retirement income, provide tax-deferred growth and assist in legacy planning. But what are your options when an annuity no longer serves you?
Earlier this year the Social Security Administration released a completely revamped version of it's website, www.ssa.gov. This new version makes things more intuitive, easier to find, and there's a wealth of things you can do on this new version of the social security website.
Alex Johnson joins Northwest Bank as Wealth Advisor in Spencer
Eric Van Der Heide, President at Northwest Wealth Management is pleased to announce Alex Johnson has accepted the position as Wealth Advisor with Northwest Wealth Management in Spencer. Alex joins Dean Jacobsen, also a Wealth Advisor in Spencer. Northwest Wealth Management, an affiliate of Northwest Bank, offers comprehensive financial planning, retirement planning, investment management, and retirement plan services to individuals and families, large and small companies, and non-profit foundations.
