Retirement Archives - Central Trust Company

The Importance of Celebrating Birthdays

February 1, 2023
Retirement, Tax Planning, Uncategorized

Maybe you don’t get the big cake and piles of presents like when you were a kid, but birthdays are still worth celebrating. When it comes to financial planning, each milestone birthday brings new benefits and opportunities.

Second Homes & Tax Implications

April 29, 2022
Retirement, Tax Planning

Many people dream of having a place family can gather for vacation or a second home to spend winters once retired. Before making that purchase, there may be tax implications to consider.

How Much Will Retirement Cost You?

January 31, 2022
Retirement, Videos

One of the biggest questions we hear from clients is, “What kind of retirement lifestyle can I afford?” It’s not easy to forecast living expenses for next year, let alone to project the cost of a retirement period of 30 plus years.

Things Can Turn on a Dime

December 1, 2021
Retirement, Uncategorized

As investors we all know things can turn on a dime. Take time to explore programs available to help you, your family, or friends when health or fortunes have changed direction.

Navigating Your Post-Retirement Cash Flow

June 19, 2019
Retirement

Retirement means your regular paycheck has stopped and now you are in charge of managing your own cash flow.

Proposed Legislation Could Change Retirement Plans

May 28, 2019
Retirement

The "Setting Every Community Up for Retirement Enhancement" bill was passed by the House on May 23 and could drastically change the rules of retirement.

Ask a Trust Officer – 401(k) Protection Programs

March 5, 2019
Ask a Trust Officer, Retirement

The success of your retirement depends largely on what you do with the money in your qualified retirement plan.

IRS Announces 2018 Retirement Plan Contribution Limits

October 19, 2017
Retirement, Tax Planning

The Internal Revenue Service announced on October 19, 2017 cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2018. The contribution limit for employees who participate in 401(k), 403(b), most 457 plans,…

Should You Use Your Retirement Savings to Pay for College?

August 10, 2017
Financial Planning Library, Retirement, Videos

Deciding when and how to save for a child’s future college education, while saving for your retirement, is quite a balancing act.