A crucial and sometimes overlooked part of your financial plan is estate planning. The complexity of your estate plan will be reflective of your...
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06/10/21
05/04/21
Know the risks and rewards of a supplemental executive retirement plan (SERP)
A supplemental executive retirement plan (SERP) is a non-qualified employer-provided benefit typically offered to high-level employees. How, when,...
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04/06/21
Is converting your term insurance the right answer?
As fee-only CERTIFIED FINANCIAL PLANNER®, professionals we at Great Oak Wealth Management do not sell life insurance. Our objectivity gives us a...
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03/05/21
A SIMPLE IRA Plan can help small business owners achieve their retirement goals
***Updated with 2022 information****** A Savings Incentive Match Plan for Employees, referred to as a SIMPLE IRA, is a retirement plan specifically...
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02/05/21
Using net unrealized appreciation (NUA) to reduce your taxes in retirement
Failing to prepare a comprehensive tax strategy is a quick way to turn your retirement into a not so rosy picture. Taxes impact retirees in many...
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01/15/21
4 creative strategies to manage your future Required Minimum Distributions (RMDs)
If you’ve built substantial savings in your tax-advantaged retirement accounts, you may become a victim of your own success. Once you begin...
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