social security

[VIDEO] Saving Enough for Retirement? | Three Ways to Find Out
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
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One of the most frequently asked questions we hear from employees is “How much should I be saving for retirement?” Although the answer to this question is different for everyone, there are a few different methods you can use to find out if you are on track.   Retirement Calculators Nationwide’s My Interactive Retirement Planner:   Read More →
Three Tax Tips that Can Help As You Approach or Begin Retirement
Team SummitFinancial Planning, Retirement PlanningComments are off for this post
Retirement is a whole new phase of life! You’ll experience many new things, and you’ll leave others behind – but what you won’t avoid is taxes. If you’ve followed the advice of retirement plan consultants, you’re probably saving in tax-advantaged retirement accounts. These types of accounts defer taxes until withdrawal, which is typically during your  Read More →
Waiting for the Dough: Delaying Social Security
Team SummitEmployee Financial Resource Center, Retirement PlanningComments are off for this post
Since it launched in 1935, the Old-Age, Survivors, and Disability Insurance program, better known as “Social Security,” has been part of American retirement planning. The program is intended to assist citizens with retirement income as early as age 62; however, many people will find it beneficial to delay this income until later. Social Security considers  Read More →

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