Explore Financial Group

07/21/2023

Come and join us for a free event with one of Australia’s most sought after inspirational speakers, Michael Crossland. He’s here in the US and excited to share his story!

Drinks and hors d’oeuvres will be served and you don’t want to miss it!

If you’re interested, please let us know and we’ll send you an evite to sign up 😊

Check out the photos below and his website for more information https://michaelcrossland.com

See you there!

02/21/2023

Another SECURE Act 2.0 change relates to Roth accounts!

Roth accounts. Up to now, employer plan contributions (like 401(k) matches) had to be made on a pre-tax basis. Now, employers can make their contributions on a Roth basis. Also, SIMPLE and SEP Roth contributions are now available. Although SECURE 2.0 allows for these new Roth accounts right away, it may be some time before plan administrators and IRA custodians will have them in place.

02/16/2023

The SECURE 2.0 Act, enacted into law on December 29, 2022, makes over 90 changes to the IRA and employer plan tax rules. If that isn’t enough, many of these provisions aren’t immediately effective.

One of the changes is the RMD age. The first year that RMDs (required minimum distributions) must be taken from IRAs was extended from 72 to 73. This change affects anyone who turns age 72 after December 31, 2022. So, if you reach age 72 this year, your first RMD isn’t required until you turn 73 in 2024. The RMD age is delayed further to 75 if you reach 73 in 2033 or later.

12/30/2022

Retirement Rule Changes coming in 2023. These may have an effect on you!

The new provisions, which build on SECURE Act of 2019, include some significant new benefits for retirement savers.

12/20/2022

The 10 states where $1 million in retirement savings will run out the fastest—Hawaii is No. 1

If your goal is to retire on $1 million, that amount may not be enough to cover your retirement living expenses in some states per GoBankingRates' analysis.

12/02/2022

Here are some tax tips to close out your 2022!

12 ways to save money on taxes before the end of the year.

12/01/2022

Here is the year to date snapshot of major market performance as of closing on 11/30/22. We offer downside protection for your money! Ask us about it today!

11/16/2022

Healthcare costs continue to be one of the largest, most unpredictable expenses in retirement. As retirees age, out-of-pocket costs only increase. This ever increasing expenditure can be detrimental to finances in retirement.

11/09/2022

How much you withdrawal from your retirement account every year can exhaust your savings. See the video below to find out what you can do to prevent running out of money during retirement.

If you have questions or concerns about your retirement, send us a message and we can set up a meeting to go over your scenario and your options!

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10/31/2022

Thinking "Do I have enough saved for Retirement " can be a scary thought!

If you have any questions regarding your retirement, don't hesitate to reach out and ask us any questions! We can help create a plan for you to succeed in planning for your life after your career!

Brave advisors must confront these frightening facts to ensure their clients are on a secure path to retirement.

10/28/2022

When you retire matters!! Timing can have a huge outcome on the longevity of your money!

See the video and image below for a more thorough explanation of how Sequence of Returns Risk can have an effect on your retirement!

https://truchoicefinancial.com/Videos/SequenceOfReturnsRisk

10/27/2022

Inflation has the potential to wipe out your retirement fund faster than you expect. Are you prepared for the increasing costs of living?