How Married Couples Can Max Out Their Retirement Accounts

Married couples can often claim twice the retirement savings tax breaks of single people. Couples can also strategically save in their respective workplace retirement accounts to get the best possible employer contributions and investment options. Here's how to maximize the value of retirement accounts as a couple.

Continue reading source article here.

Damian J. Sylvia

Retirement Income Solutions

220 Monmouth Road

Oakhurst, NJ 07755

Divorcing Women: How Much Do You Know About Your Husband's Retirement?

Achieving a secure retirement should be a primary financial goal for all adults. Ideally, married couples work as a team to plan for their retirement, invest and save according to strategies they discuss openly with each other and their financial and tax advisors, and check in on a regular basis to make adjustments as needed.

In the real world, though, things often work quite differently –and not nearly as well.

Fidelity Investments recently published the 2015 edition of its online biennial Couples Study, analyzing the retirement and financial expectations and preparedness of 1,051 committed couples (at least 25 years old, and with a minimum annual household income of $75,000 or at least $100,000 in investible assets).

Continue reading source article here. 

Damian Sylvia

Retirement Income Solutions

220 Monmouth Road

Oakhurst, NJ 07755