401(k) Millionaires

401(k) Millionaires

What does this mean for your overall retirement strategy?  Provided by Hershey Financial Group, LLC   Your workplace retirement account can play a critical role in your overall retirement strategy. However, some have gone further with the accounts than others,...
401(k) Millionaires

The Need for Power of Attorney

POAs and other advanced directives are becoming more important. Provided by Hershey Financial Group, LLC   The point of the POA. A power of attorney (POA) is a legal instrument that delegates an individual’s legal authority to another person. If an individual is...
401(k) Millionaires

FAFSA Simplification Act

Learn how legislative changes can help you finance your loved one’s education.  Provided by Hershey Financial Group, LLC  As a parent or grandparent, you know firsthand the challenges of funding a child’s education. The Free Application for Federal Student Aid (FAFSA)...
401(k) Millionaires

Ways to Fund Special Needs Trusts

A look at the different choices & strategies.  Provided by Kristin Hershey  If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income might not pay for, and...
401(k) Millionaires

A 6.1% Bump in Social Security?

COLA and Social Security.  Provided by Kristin Hershey   The news keeps getting better for Social Security recipients.   It’s now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most...
401(k) Millionaires

How COVID-19 Caused a “She-Cession”

Several women-dominated industries were hit hardest by the pandemic. Provided by Kristin Hershey   Since the 1980s, unemployment rates have trended higher amongst men than women during a recession. In previous periods of economic downturn, this made sense....