How Income Taxes Work

by Tim Obendorf on
Categories
news
As complex as the details of taxes can be, the income tax process is fairly straightforward.

Do You Owe The AMT?

by Tim Obendorf on
Categories
news
In taxes, there’s an equalizer of sorts; it’s called the alternative minimum tax, or AMT.
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A Guide to Pensions & Retirement Benefits

by Tim Obendorf on
Categories
Retirement
Investments
Tax Planning

How much do you really know about retirement benefits?

If you’re like most Americans, it’s not that much. In fact, most of us have fairly poor “retirement literacy,” especially when it comes to the finer points of retirement benefits.1

That may not seem like a big deal, but it can give rise to all...

Digital art of a lawyer standing next to a large document and gavel.

Your Role & Responsibilities as an Agent in a Power of Attorney (POA)

by Tim Obendorf on
Categories
Investments
Finance
Tax Planning
Insurance
Estate Planning
A power of attorney (POA) can grant you certain authority and specific responsibilities. While the extent and limitations of POAs can vary based on many factors, stepping into the role of power of attorney can be unlike anything else. That’s because it puts you in the driver’s seat to make key decisions and oversee vital needs for someone else. That doesn’t mean that POAs come with carte-blanche powers or that one power of attorney will mirror another. Explaining how POAs work, this guide shares more fundamentals, detailing some common types of powers of attorney and the responsibilities you may have as an agent of one of these devices.
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Longevity in Retirement & What You Should Know

by Tim Obendorf on
Categories
Investments
Retirement
Finance
Savings

How many years will your retirement last?

What are the chances you’ll live past 90?

Most of us answer those questions wrong because we don’t have strong longevity literacy.1

That means that about 81% of us1 aren’t working with a viable understanding of our own life expectancy.

Let’s explore how...

Immediate vs. Deferred Annuities

by Tim Obendorf on
Categories
news
Despite not being as well known as some other retirement tools, annuities account for 6.5% of all assets earmarked for retirement.

Caring for Aging Parents

by Tim Obendorf on
Categories
news
As our nation ages, many Americans are turning their attention to caring for aging parents.
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Mastering Stormy Waters: Smart Strategies for Healthcare Costs in Retirement

by Tim Obendorf on
Categories
Finance
Lifestyle
Retirement
Health
With healthcare costs often resembling an unpredictable market, and long-term care expenses looming, the post-work years require careful financial planning. This blog post advocates for partnering with a financial professional to navigate these challenges, offering tailored guidance on Medicare, long-term care funding, and retirement law changes. By preparing strategically, retirees can confidently set sail into their golden years, free from the turbulence of unforeseen financial burdens.