Money Talk

SEPTEMBER 28, 2023

Below are six take-aways about some recent seminars that I attended about longevity risk: Ticking Time Bomb - One speaker called longevity risk a “ticking time bomb” in financial planning. For example, instead of two Social Security checks, there will be one, along with a reduced (survivor) pension benefit.

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Pension Pension Benefit Insurance Taxes 195

Money Talk

SEPTEMBER 12, 2024

This post describes five changes in income and expenses that widowed persons can expect: Reduced Income - I heard this example at a recent seminar. If the husband dies first, the wife is left with $1,250 (50% of husband’s pension), $800-wife’s pension, and $2,000 (highest Social Security) for income of $4,050 ($48,600 annually).

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Pension Pension Benefit Taxes Entertainment 163

Employee Benefits

SEPTEMBER 6, 2023

Given cost of living worries and the notion this may be impacting pension savings, WEALTH at work conducted research* with employees to find out their thoughts into what’s happening in reality. It’s therefore more important than ever to ensure employees are engaged with their pensions.

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Pension Pension Benefit Taxes Education 105

Employee Benefits

MARCH 4, 2024

Credit: Natata/Shutterstock Need to know: The abolition of the pensions lifetime allowance in April will require an overhaul of employee communications, and a revaluation of pension scheme design and administration, including opportunities to simplify the scheme and reduce the cost of running it.

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Pension Pension Benefit Employment Taxes 59

Money Talk

DECEMBER 19, 2024

Not a week goes by that I dont receive colorful tri-fold invitations to free meal seminars for investments and preplanned burials and cremations. Below are five Barbservations about the seminar format, content, and take-aways: You Will Get Hungry- I typically eat dinner around 6:30 pm, which is when the presentation was slated to start.

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Pension Benefit Pension Banking Food 160