Simplicity Digital Advisor
Why Managing Mental Health Matters for Retirees
Once you retire, you may not miss the typical stressors of a demanding career. Managing mental health is important leading up to retirement and moving into. Retirement is a time to enjoy hobbies and activities you didn’t have time for during your working life.
Tax Identity Theft Season (aka Tax Scam Season) is Here
Tax identity theft is when someone uses your Social Security number to steal your tax refund or for work. People often discover tax identity theft when they file their tax returns.
Four Financial Planning Benefits of Being ‘Coupled’ or Married
Regardless of your age, if you’re in a committed relationship or married, both of you should participate in planning for your financial future and be aware of the benefits that come from being a couple. Here are four financial planning benefits you may receive as a couple:
Five Unique Challenges Entrepreneurs Face
Businesses are rarely successful immediately and often come with stress for entrepreneurs; irregular work hours, lack of operating capital, employee issues, balancing work and family life, etc.
Financial Technology: Delivering Digital Financial Learning
The coronavirus pandemic has motivated many Americans to take full advantage of financial technology. Many are pairing various financial tech solutions to help them improve their financial well-being.
Protect Yourself and Your Assets Through Estate Planning
Basic estate planning is something that everyone should do. Regardless of your age, marital status, and if you’re a parent or not. It is a great way to protect yourself and your assets.
According to a 2021 poll by Gallup, slightly half of U.S. adults (46%) have a will that dictates what happens to their assets when they die. Other findings from the May 2021 poll include:
Why Financial Planning Is Essential for Law Enforcement Professionals
Law enforcement can be a rewarding profession, but it often comes with stress, unpredictable work schedules, and financial stress.
Although some law enforcement positions offer a pension, often it is not enough to last their lifetime. In addition, many law enforcement professionals do not have another retirement savings plan in place. Also, life insurance carrier options can be limited due to the underwriter’s views of occupational risk and early death. Here we examine why financial planning is essential to law enforcement professionals due to their unique profession.
Data Privacy and Cybersecurity: How to Reduce Your Risk
With billions of people connected through technology delivered through multiple devices, the likelihood of a data privacy security leak and cyber-attacks will not decrease but will continue to increase. Continue on to read more about data privacy and cybersecurity and reducing risk.
8 Financial Goals for the New Year
Writing down your financial goals for this year and having them visible is essential to your success. Much like a written financial plan, you are more likely to follow your financial goals when they are in writing.
After you’ve written down your goals, tell others about them, your progress, and your failures to help you be accountable to them. Here are eight financial goals to implement this year to help set you up for financial security:
Backdoor Roth IRA Conversions: What You Need to Know For 2022
Some changes are coming for converting your traditional to a Roth IRA as part of the Build Back Better Bill that the U.S. House approved in November 2021. If you are considering a ‘backdoor’ Roth IRA conversion or are curious about what it is, this article will help you understand the changes coming to this strategy starting in 2022.
