As part of your employee benefit package, your employer has given you access to a financial wellness solution called CAPTRUST at Work. Learn more and get started by watching this short video.

When you die, you leave behind your estate. Your estate consists of your assets—all of your money, real estate, and worldly belongings. Your estate also includes your debts, expenses, and unpaid taxes. After you die, somebody must take charge of your estate and settle your affairs. This person will take your estate through probate, a court-supervised process that winds up your financial affairs after your death. The proceedings take place in the state where you were living at the time of your death. Owning property in more than one state can result in multiple probate proceedings. This is known as ancillary probate.

In September, the Federal Reserve cut interest rates for the first time since 2020, and with that cut, the U.S. economy entered a new chapter of the post-pandemic story. This policy shift signals the beginning of the end of higher rates. But aside from lower rates, what could it hold? In this edition of our quarterly Market Update video, CAPTRUST Chief Investment Officer Mike Vogelzang explains what’s happening in the market, and what could happen next as this new chapter unfolds.

Regardless of how healthy you are, health care in retirement is a major expense that requires preparation and planning. Many people assume Medicare will cover all their healthcare needs after age 65, but the truth is, Medicare won’t cover everything. In this video, learn a few options to help bridge the gap.

The federal government allows most employer-sponsored retirement plans to provide loans to their plan participants, but borrowing from individual retirement accounts, also known as IRAs, is prohibited. Here’s what you need to know about taking a loan from your employer-sponsored retirement plan.

“I once had a client tell me his goal was to die with just enough money to pay his very last doctor’s bill,” says CAPTRUST Financial Advisor Mike Gray. Even though the comment was made in jest, the client was serious about not exhausting his money too soon. Gray says this is a common concern.

Question: What impact do you foresee the 2024 presidential election having on stock market returns this year? How much do elections matter to markets?

After an illustrious career in drug development and research, Dr. Robert Ruffolo retired from Wyeth Pharmaceuticals in 2008. For decades, he gave his all as a scientist and pharmaceutical executive. His crowning achievement was the discovery of carvedilol, a revolutionary treatment for congestive heart failure that has helped tens of millions of patients and for which he was honored with some of his industry’s most prestigious awards.