One critical aspect of these documents is determining the appropriate number of agents to appoint. This decision can significantly impact how effectively your affairs are managed and how smoothly decisions are made on your behalf.
The SECURE 2.0 Act, signed into law in December 2022, brings significant changes to retirement savings plans in the United States. Among its many provisions, the new 401(k) contribution rules stand out for their potential to impact how individuals save for retirement.
When it comes to planning for retirement, securing a stable and predictable income stream is a top priority. While not for everyone, annuities are financial products designed to provide exactly that. However, like any financial tool, they come with their own set of complexities, advantages, and disadvantages.
The Tax Cuts and Jobs Act (TCJA) was an amendment to the Internal Revenue Code that was rolled out in 2018. It had implications for both businesses and individuals. However, most TCJA provisions are set to expire at the end of 2025. What will happen if it does?