TheLiveBigWay® Digest: More Secure
As you may have read, the SECURE Act was signed into law late last year and consists of tax law changes that will affect all of us. The biggest changes impacting financial planning decisions include the delayed beginning age for Required Minimum Distributions, and the loss of the “stretch” provisions for many beneficiaries inheriting retirement accounts (among others). Read on to learn more about the changes and our plan to strategize with you on any updates to be made.
Being financially responsible is not always an easy task. We encounter financial decisions on a regular basis, and it can be difficult to know which path will help us achieve our goals. Luckily in today’s age, we have a number of resources available to us to help us make sound decisions. Continue reading to discover the sources individuals are using when faced with financial decisions, and one particular source that is making a positive impact on many households.
In today’s world, there are dozens of numerical expressions that make up one’s financial life. Credit scores are one example of those digital expressions, and are used to assess a person’s financial responsibility. It is widely understood that this score helps lenders decide whether or not to approve someone for credit cards and loans, but the significance of this number permeates much further than that. So, what exactly makes up your credit score? We break down the composition of your credit score and share some simple ways you can get more from your score.
With about a month left in the winter season (or more depending on where you live), you may find yourself in the midst of the winter blues. To help you combat the doldrums, we offer our Live Big glass photo gallery, which we hope may offer some inspiration for your next Live Big adventure, or simply serve as a reminder of ways to find joy in the most mundane places. Enjoy!
