Hank Reifsnyder of Hummel Group's Orrville office took some time to talk about what it means to be a Smartvestor Professional and why he chose to become one. Check out the videos below to learn more or check out our SmartVestor page here.
In 2016, the first wave of baby boomers turned 701/2, and many more reach that milestone in 2017 and 2018. What's so special about 701/2? That's the age when you must begin taking required minimum distributions (RMDs) from tax-deferred retirement accounts, including traditional IRAs, SIMPLE IRAs, SEP IRAs, SARSEPs, and 401(k), 403(b), and 457(b) plans. Original owners of Roth IRAs are not required to take RMDs.
Planning on working during retirement? If so, you're not alone. Recent studies have consistently shown that a majority of retirees plan to work at least some period of time during their retirement years. Here are some points to consider.
Social Security is an important source of retirement income for millions of Americans, but how much do you know about this program? Test your knowledge, and learn more about your retirement benefits, by answering the following questions.
a. Yes
b. No
