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Financial Focus: Simple budgeting tips that fit real life

To help you feel more in control of your money, consider a simple budgeting plan. An easy starting point is the 50/30/20 rule. Allocate about 50% of your income to needs such as housing and groceries, 30% to wants — like dining out and streaming services and 20% to...
What should you know about RMDs?

What should you know about RMDs?

You may spend many decades contributing to your IRA and 401(k), but eventually you will likely need to take the money out – in fact, you must take the money out or face penalties. Here are some of the basics: What are they called? Mandatory withdrawals are technically...

The realities of settling a loved one’s estate

The realities of settling a loved one’s estate

Being named an executor in a will might feel like an honor, but it often turns into a challenging, time-consuming role. Administering an estate can take months or even years, just when you’re coping with loss. Executors face numerous responsibilities: locating assets,...

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