Retirement planning is more than just saving. We have several articles and financial tips to help you find your way.
Longer life spans, more active retirements, rising costs and uncertainty over Social Security make the need for a substantial retirement nest-egg greater than ever.
The almost-annual changes to the income tax laws have created confusion about Individual Retirement Accounts (IRAs).
Retirement may seem like a long way off and $5500 may not sound like a lot of money to save. But look at how these contributions can accumulate.
The Roth IRA offers some advantages over the traditional IRA but comes with some limitations.
Individual retirement accounts (IRAs) continue to be one of the most powerful ways to accumulate funds for a financially secure retirement for a multitude of reasons
This is an important tax and estate planning opportunity that many may find attractive.
The most common drawbacks with Roth IRAs are that contributions are not deductible and those with high incomes may not be eligible to make Roth IRA contributions.
Deciding how much to contribute each year can be tricky. This article provides practical guidance to help you get started.
This article addresses current catch-up contribution limits on all retirement plans.
Did you know that you needed to begin withdrawing from your retirement fund at a certain age?
Odds are that at some point you will have the option of rolling over your 401k. Here are two reasons you should.
The information provided is not intended to be legal, tax, or financial advice or recommendations for any specific individual, business, or circumstance. TowneBank cannot guarantee that it is accurate, up to date, or appropriate for your situation. Financial calculators are provided for illustrative purposes only. You are encouraged to consult with a qualified attorney or financial advisor to understand how the law applies to your particular circumstances or for financial information specific to your personal or business situation.
