Posted on July 3, 2025

When setting up your retirement plan, it’s helpful to avoid common mistakes that can diminish your savings and impact your future. Planning carefully for your budget and lifestyle needs increases your chances of enjoying a comfortable retirement. Below are some common missteps to watch for. Starting to save too late: Delaying retirement savings can make it… read more

Posted on July 2, 2025

Exploring the outdoors offers numerous health benefits and a chance to enrich your retirement through new adventures. Whether you’re walking, hiking, cycling or driving, staying active helps combat the risks of inactivity and isolation, while fostering self-discovery and fulfillment. Activities such as gardening, hiking and sports improve mobility, balance and strength while connecting you with… read more

Posted on July 1, 2025

Many people believe that their medical expenses in retirement will be fully covered by Medicare; however, that is not how Medicare works for most people. Individuals are still responsible for premiums, deductibles, coinsurance and copays. Additionally, Medicare does not cover routine vision, hearing and dental care; health care while traveling outside the U.S.; private-duty nursing;… read more

Posted on June 5, 2025

The University of Louisville recently celebrated the official launch of A New Legacy: Women in Philanthropy at U of L, a powerful initiative that unites passionate individuals to support groundbreaking ideas and experiences for our students and community. Roz Carothers (pictured here) was proud to take part in the inaugural luncheon and serve as the… read more

Posted on June 5, 2025

In Rev. Proc. 2025-19, released in May 2025, the IRS announced the following changes to HSAs. HSA Inflation Adjusted Items. For calendar year 2026, the annual limitation on deductions for an individual with self-only coverage under a high deductible health plan is $4,400. The annual limitation on deductions for an individual with family coverage under a… read more

Posted on June 4, 2025

A 529 plan, operated by a state or educational institution, comes with tax advantages and potentially other incentives to make it easier to save for: College and other postsecondary training Tuition in connection with enrollment or attendance at an elementary or secondary public, private or religious school for a designated beneficiary There are two basic… read more

Posted on June 3, 2025

According to the U.S. Bureau of Labor Statistics, by 2033, about 30% of Americans aged 65 to 74 are expected to still be in the labor force, while approximately 10% of those aged 75 and older are expected to continue working. What are some reasons people choose to work after retirement? A study by the… read more

Posted on May 2, 2025

A will has no legal power until it is admitted to probate and a personal representative is appointed by the court. But courts don’t act on their own after your death; someone must file the necessary paperwork. This is a built-in delay that can slow down the process significantly. Further, probate is a public process;… read more

Posted on May 2, 2025

Working for someone else will not necessarily guarantee you a retirement plan, as the financial and administrative costs of providing a retirement program can be prohibitive for smaller employers. But if you are self-employed (whether full time or part time) there is no reason you cannot fund your own retirement and reap the tax benefits… read more

Posted on May 1, 2025

When you retire from your job, you may feel as if you’ve lost all sense of commitment and involvement. This process often brings a mix of emotions, including sadness, grief, loneliness and disorientation — feelings that are completely normal. Saying goodbye to established routines and schedules can be challenging. Taking time to reflect on what… read more