The Internal Revenue Service (IRS) today announced its annual update to dollar limitations for retirement plans for the 2025 tax year. The table below provides a few highlights.
From accidents, injuries, and illnesses to pregnancies, unexpected caregiving duties, and forced or voluntary career changes, every one of us will face our own unique set of surprise events. How do you prepare for what you can’t predict? It starts with the basics. In this webinar, we’ll explore key steps in financial planning to help you stay ready, no matter what comes your way.
As part of your employee benefits package, your employer provides you with a suite of products and services, including some that are focused on improving your financial well-being. One of these is CAPTRUST at Work. In this video, learn what it is and how you can leverage the benefit to maximize your financial health, optimize your wealth, and manage risk.
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.