Many of you already have estate documents, probably executed many years ago. You need an estate attorney to look over your documents every 10 years or so. Here are a dozen points to review with your estate plan:
What is OPERS?
OPERS stands for The Ohio Public Employees Retirement System. This is a retirement pension system offered to public Ohio employees that replaces the standard Social Security system. As an employee, you contribute 10% of your annual salary towards your OPERS retirement and your employer contributes another 14% of your annual salary.
There are two types of funds you may be looking to invest in: actively managed and passively managed. First, a fund is an investment tool that takes your investment capital and divides it between selected stocks and bonds, all bundled within one fund. While the two can invest your money in the same bundle, there are key differences.
Last month, Ryan Bayonnet, CFP®, MSF was interviewed by Veronica Dagher, a senior wealth management reporter for The Wall Street Journal. In the interview, Ryan discussed with Veronica how to handle family money disagreements that arose from the COVID-19 Pandemic and subsequent economic downturn.
You hear it all the time: you should make sure your retirement savings at least keep pace with inflation. But what is inflation and how does it really affect your retirement savings? Let’s explore.
Last week, Ryan Bayonnet, CFP®, MSF was featured in MarketWatch's article How Economic Slumps Inflict Permanent ‘Scars’ on Spending and Saving. Read more here.
In response to the unfolding COVID-19 global pandemic, the Coronavirus Aid, Relief, and Economic Security Act was unanimously passed by the Senate on March 25, 2020. The next day it was passed in the House via voice vote and signed into law by the President.
Last week, Ryan Bayonnet, CFP®, MSF was featured in U.S. News & World Report's article titled 5 Tips for Newlyweds Merging Bank Accounts and LendingTree's article titled Tips for Getting out of Business Debt. Take a look at the articles below as well as a picture from Ryan's recent speaking engagement at the Ohio State University.
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is a bipartisan bill designed to address Americans' difficulty in saving and investing for retirement. The bill passed the House of Representatives in a 417-3 vote in July and the Senate in a 71-23 vote in December. The President signed the SECURE Act into law last Friday as part of the government’s overall spending bill. The bill seeks to put into place provisions to strengthen retirement security across the country. Listed below are some of the major changes and how they may affect your retirement plan.
Each year, US Medical Specialties, Inc., an international medical consulting firm, helps physicians and other healthcare professionals find community based, doctor friendly financial advisors. For the third year in a row, Ryan M. Bayonnet, CFP®, MSF has been recognized by MD Preferred for his service to physicians.