Newbury Building Society’s Post

It’s ‘Decoding Generations’ month at STBB! Each week, we’ll share theme-specific content with the intention of highlighting legal issues relevant to different generations. For instance, we’ll explain the basic contours of the two-pot retirement system, outline how child maintenance is calculated, offer cogent reasons why all individuals need a will, and elucidate the benefits of establishing a trust. Stay tuned! For expert legal advice, contact us at info@stbb.co.za. #STBB #TheBigSmallFirm #decodinggenerations #childmaintenance #twopotretirementsystem #legaladvice #legaltips #lawyer #attorney #lawfirm #SouthAfrica

Are you a few years away from retirement or almost there? 🎉 Since May is Older Americans Month, it’s the perfect time to discuss practical steps you can take now to secure a comfortable retirement later. From legal planning to creating a family legacy, start now to ensure peace of mind. This is part 1 of 2, so be sure to look out for next week’s article to continue the conversation. 📅   ✨ Dive into the details in this week’s blog. ✨ To read more ➡️ https://lnkd.in/ep4sBhC3   #EstatePlanning #LegacyBuilding #lastwill #lastwillandtestament #estateplan #Bocaratonlawyer #FLLawyer #palmbeachlawyer #Estateplanninglegaladvice #wills #Trusts #Durablepowerofattorney #blendedfamily #kidsprotection #emergency #accident 

Secure your family's future with Temple Estate Planning. From retirement planning and tax mitigation strategies to pet trusts, we ensure every aspect of your estate is handled with care. For instance, our pet trusts guarantee your beloved animals are cared for according to your wishes. Contact us today at https://lnkd.in/gcN8R2Tt or 0800 776 5033 to learn more. #EstatePlanning #InheritanceTax #LifetimeTrust #TempleEstatePlanning #LegacyProtection #SecureFuture #InheritanceTax #TrustCreation #FutureSecurity #Inheritance #ElderCare #PeaceOfMind

Do you remember how the market behaved from 2000-2010? Baby Boomers sure do. It's been called "The Lost Decade" because it was a critical time when they needed their money to grow in preparation for retirement, but all they saw was catastrophic losses. Now, the Baby Boomer generation on average does not have enough saved for retirement to last them through to the end and one of the biggest fears of this generation is running out of money. Wealthwave provides the tools, expertise, and opportunities to not only make more income in the later years but be able to protect what you have so that it can last. Watch our video to learn more: https://lnkd.in/gjdm5ckv #babyboomers #retirement #retirementsavings #lateryears #income

Hey kids! That's us, the sandwich generation. We're still kids and our parents are living longer. Here I explain how that can impact our retirement and how to be a great adult child. #sandwichgeneration #genx #longevityplanning #longevity #thanksmom #thanksdad S.R. Schill & Associates (srschill) Stacy Schill

👪Your responsibility often goes beyond providing for your family today - it's about securing their future, too. In this week’s article, we discuss a real-life story about how a $1.15 million retirement account went to a man’s ex from 28 years ago, instead of his surviving family. 😲 It’s a mistake that's more common than you think. ✨Get the details in this week's blog. ✨ ➡ https://lnkd.in/g-hnZ4vP #debbiebabblaw #estateplan #assetprotection #wealthprotection #wealthbuilding #trustsandwills #losangelesestateplan #CAestateplanningattorney #losangelesattorney #familybusiness #smallbusiness #family #familylegacy #personalfamilylawyer #personalfamilylawyerCA  #losangelespersonalfamilylawyer  #generationalwealth #multigenerationlawyer #peaceofmind #adulting #specialneedsplanning #specialneedstrust #specialneedsadvocate #parenting #familylegacy #guardian #businessplanning #avoidprobate #losangelesmom #CAmom

Financial tips for widows and widowers June 10, 2024 Losing a spouse is a terribly painful experience. Unfortunately, widows and widowers also must deal with a range of financial issues. If you’ve recently been widowed, what moves should you consider? For starters, don’t rush into any major decisions. Wait until you feel you can look at things objectively. But do look at your overall financial picture — your investments, assets, debts and income. It’s important to get a sense of where you stand. You’ll also want to look at insurance. If you will receive a death benefit from your spouse’s insurance policy, what will you do with the money? And you might also want to look at your own policies — do you need to change beneficiaries? And review your Social Security options. You may be eligible for survivor’s benefits, but you’ll also need to consider your own Social Security retirement benefits. You can’t take both, but you will receive the larger of the two. Finally, review your estate plans to see if anything needs to be changed. Keep in mind that you don’t have to go it alone. A financial professional can help you make the choices that can keep you moving forward on your life’s journey. This content was provided by Edward Jones for use by Stacey Myrick, your Edward Jones financial advisor at 662-840-2343. Member SIPC

🚨 Pension scams are a growing threat, with 7.3 million UK adults targeted in the past year alone! 🛡️ As we mark #PensionsAwarenessWeek, Money Alive’s Ian Beestin reminds us that the fight against scammers never stops. Discover how advisers can protect clients with educational resources, including free video box sets on investment risk and scam protection. Empower your clients and shift the advantage away from scammers! 👉 Learn more: https://lnkd.in/eVX-Rgw4

From saving too little to claiming Social Security too early, there are plenty of ways that current and future retirees can sabotage their golden years. Click here to learn more. https://lnkd.in/g_SEqDN #NovemGroup

A Few Facts On FEHB Survivor Benefits ➡️ If a federal retiree passes away while enrolled in FEHB, coverage for their survivor annuitants, including spouse and eligible children can continue if the following requirements are met: 🔹 The federal retiree must have been enrolled in Self and Family or Self Plus One at the time of their death. 🔹 At least one family member is entitled to a survivor benefit from the FERS/CRS retirement system. ➡️ If a surviving spouse remarries before age 55, their FEHB benefits end on the last day of the month before they marry. ➡️ If the surviving spouse was married to the deceased federal retiree for 30+ years, coverage will continue even if you remarry. ➡️ The government will continue to pay its share of the premium for survivors, enrollment will be changed to the survivor’s name, and their portion of the premium will be deducted from their survivor annuity. For more information, reach out to an FRC trained advisor. https://lnkd.in/eqQCY6Db #FFEBA #FEHB #SurvivorBenefits