John J. Diak, CFP®
Is a SIMPLE IRA Right for Your Business?
Do you want a simple retirement plan you can implement easily as an independent contractor or small business owner? A SIMPLE IRA plan gives
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John J. Diak, CFP®
Oct 3, 20173 min read
Before You Claim Social Security
Whether you want to leave work at 62, 67, or 70, claiming the retirement benefits you are entitled to by federal law is no casual decision.
John J. Diak, CFP®
Sep 26, 20173 min read
A Look at Self-Directed Brokerage Accounts
Ever hear of an SDBA? That acronym stands for self-directed brokerage account. If you are enrolled in a 401(k), 403(b), or 457 plan, you mig
John J. Diak, CFP®
Sep 5, 20174 min read
Medicare Enrollment Options for 2017-18
Key Medicare enrollment periods are approaching for 2017-2018. This fall and winter, there are three periods in which Medicare beneficiaries
John J. Diak, CFP®
Aug 29, 20173 min read
Will You Really Be Able to Work Longer?
Are you one of those baby boomers (or Gen Xers) who believes he or she can work past 65? Some pre-retirees are basing their entire retiremen
John J. Diak, CFP®
Aug 15, 20173 min read
Should Millennials Be Your Money Models?
Financially, Generation Y is often criticized for being risk averse & unaware. Is this truth, or is it fiction? In some instances, pure
John J. Diak, CFP®
Jul 6, 20173 min read
One Couple, Two Different Retirements?
Retirement planning is about the pursuit of a happy outcome – a fun and emotionally rewarding “second act” that spouses and partners can sha
John J. Diak, CFP®
Jun 20, 20173 min read
Why Retirees Need Good Credit Scores
TransUnion recently surveyed baby boomers and discovered that nearly half thought their credit scores would become less important after they
John J. Diak, CFP®
Jun 13, 20173 min read
Should You Apply for Social Security Now or Later?
You know how much retirement money you have. Other factors aren’t as foreseeable. You don’t know exactly how long you will live, so you can’
John J. Diak, CFP®
Jun 6, 20173 min read
The Rough Consequences of Not Saving for Retirement
Putting away a percentage of one’s income, money that could be used for any number of bills or luxuries, is a sacrifice made in the present
John J. Diak, CFP®
May 30, 20173 min read
How Will You Spend Your Retirement Savings?
Aim to spend your retirement money in a way that you will not regret. Recognize these potential traps, strive to steer clear of them, and co
John J. Diak, CFP®
May 23, 20173 min read
Could Insurance Rescue You in Retirement?
Insurance matters more in retirement planning than you may think. It is seldom “top of mind” in retirement planning conversations, but the r
John J. Diak, CFP®
Mar 13, 20173 min read
In-Service Withdrawals from Employee Retirement Plans
If you withdraw money out of a workplace retirement plan in your fifties, will you be penalized for it? In most cases, the answer is yes. Di
John J. Diak, CFP®
Feb 27, 20173 min read
Little Things That May Help Your Retirement Saving
Saving for retirement takes decades and demands the investment of significant amounts of your income. As this major effort unfolds, you shou
John J. Diak, CFP®
Dec 12, 20163 min read
Own a Retirement Account? Keep Your Beneficiary Designations Up to Date
Many qualified retirement plan owners may not be aware that after their death, the primary beneficiary -- usually the surviving spouse -- ma
John J. Diak, CFP®
Dec 6, 20163 min read
The Charitable IRA Transfer: Permanent at Last
Charitably minded and holding significant assets in an IRA? Consider making a QCD an annual ritual.
John J. Diak, CFP®
Dec 1, 20163 min read
Wealth Transfer in a Low-rate Environment
Recent low rates of interest have affected two important factors used to value wealth transfers involving trusts -- the applicable federal r
John J. Diak, CFP®
Dec 1, 20163 min read
What to Know About Annuities
Many participants in employer-sponsored retirement savings plans have the option to convert their plan assets into a guaranteed annuity when
John J. Diak, CFP®
Nov 2, 20164 min read
Income Inequality and Its Impact on Women's Retirement
Here are the facts. Generally speaking, women earn less than men, live longer than men, and often take time out of the workforce to have chi
John J. Diak, CFP®
Oct 21, 20163 min read
Your Plan's Vesting Schedule: Tailor It to Meet Your Needs
A retirement plan's vesting schedule, which establishes when employer contributions to the plan will be owned outright by the employee,...
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