by MRA Advisory Team | Dec 22, 2022 | Financial Savings, MRA High Yield Savings Account, Savings
MRA Advisory Group wants to get you thinking about the cash you keep at banks or other financial institutions. We’ve been putting many of our clients into the Federally Insured Cash Account (“FICA”). FICA offers: 1. A rate of 3.95% APY* starting January 1,...
by MRA Advisory Team | Dec 20, 2022 | Happy Holidays
It’s that time again! During the holidays, many people take stock of the previous year and we’re no different. As we reflect on the past year, we’d like to give you our thanks for being a highly valued client, or for considering our services. We appreciate your...
by MRA Advisory Team | Dec 15, 2022 | Required Minimum Distribution (RMD)
A required minimum distribution (RMD) is the amount of money that must be withdrawn from an employer-sponsored retirement plan, traditional IRA, SEP, or SIMPLE individual retirement account (IRA) by owners and qualified retirement plan participants of retirement age....
by MRA Advisory Team | Dec 8, 2022 | Portfolio, Retirement, Retirement Planning, Social Security Benefits, Women's Retirement
Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you’ll need to estimate not only your anticipated expenses but also what sources of retirement income you’ll have and how long you’ll need your...