Insights on how to get a greater return on life

For many retirees, the transition from saving for retirement to withdrawing assets brings a new set of financial considerations. One of those considerations is the required minimum distribution, commonly referred to as a Required Minimum Distribution (RMD).

As the calendar year comes to a close, many people begin preparing for the holidays and looking ahead to the coming year. Before turning the page on the calendar, however, it can be worthwhile to review your financial plan and determine whether there are any remaining tasks that deserve attention.

As the year begins to wind down, it's natural to look ahead to the holidays and prepare for the coming year. It's also an ideal time to review your financial situation and determine whether there are year-end tax opportunities worth considering before December comes to a close.

Open enrollment season gives employees an opportunity to make decisions that may affect their finances and healthcare throughout the coming year. While it's easy to simply renew your existing elections, taking time to review your options can help determine whether your current benefits still align with your needs.

For many individuals and families, the months leading up to the holiday season are a time of generosity and reflection. It is also a time when charitable organizations often receive a significant portion of their annual donations. Whether your motivation is supporting a cause, creating a family tradition, or incorporating charitable giving strategies into your financial plan, planning charitable gifts before the holiday season can provide additional time to evaluate options and make thoughtful decisions.