Wealth Management

The “Scammers Hall of Shame”

The Federal Trade Commission has issued an alert for a new scam for stealing from vulnerable familes, one which the agency believes should be in the Top Ten List of the Scammers Hall of Shame. The scammer impersonates a representative of the funeral home, and says that additional funds must be paid immediately or the funeral will be cancelled. “Can you imagine anything more despicable?” the FTC said in its announcement.

Retirement Readiness

A recent survey from the Nationwide Retirement Institute suggests growing anxiety about retirement among those in the last decades of their careers. Some 69% of those aged 55-65 agreed that retiring at age 65 “doesn’t apply to them.” 22% reported that in the last 12 months they’ve decided to retire later than planned. More than 40% believe that they will have to keep working during retirement to make ends meet.

The Digital Estate Checklist Grows

Updating your will every few years is a great idea, and there are many additional things you can do to make it easier for your executor and create a smoother transition of assets. One of those things is to address digital assets.

Do’s and Don’ts for IRA Beneficiaries

Inheriting an IRA, as welcome as it may be, comes with complications. If you are a surviving spouse, there are special favorable choices for you, and this article is not for you. Nonspouse beneficiaries need to know a number of rules.