Congratulations on reaching the pivotal milestone of retirement! After dedicating so much of your time to your career, this accomplishment reflects your investment in time, education, and sheer determination. As you transition into this new […]
A Required Minimum Distribution (RMD) from a retirement account is exactly what it says – required, mandated, a “must-do”. It’s a specific, calculated amount that must be distributed from the account each year you live […]
Retirement planning can be a complex and often daunting task, with numerous strategies and options to consider. One powerful tool that often goes underutilized is the Roth conversion. This financial maneuver allows you to optimize […]
Retirement is often thought of as the reward at the end of a long and fulfilling career. It’s the time when you can relax and enjoy the fruits of your labor. But the reality is […]
During the 2023 Texas state legislative session, bills were approved that provide two enhancements for retired Texas educators. If you are a retired teacher, administrator, or other Texas state education employee who receives a TRS […]
Here is a common question we get: “I don’t work for my old employer anymore. What can I do with my old 401(k)?” There are four basic options in answer to that question: you can […]
One of the more impactful pieces of the December 2022 Consolidated Appropriations Act that passed into law is the so-called Secure Act 2.0. You may remember the original Secure Act from December 2019 that reshaped […]
The obscure acronym NUA, which stands for “Net Unrealized Appreciation”, is one that Lockheed Martin employees holding shares of company stock in their 401k plans might have heard. The Lockheed plan allows for the company’s […]
Last year was historic on many fronts as it relates to the market and volatility. This includes downside volatility (markets declines), along with Fed action that investors have not experienced in decades. Prior to this, […]
Retirement income for Lockheed Martin retirees is a highly important factor to consider when creating a financial plan. When beginning to explore retirement, individuals with a Lockheed pension plan must thoroughly explore their options. To […]