Posts by Rachel Hart
Countdown to Retirement
Presented by NorthStar Financial Partners There’s a lot to consider as you prepare for retirement, so it’s wise to begin planning well ahead of time. The checklists below are designed to help you stay on track for the retirement you envision. Five Years to Retirement Set your target date. Envision your retirement. Calculate your number.…
Read MoreGO PAPERLESS!
We encourage you to eliminate paper mail by electing to view your account statements and other account documents online. If this sounds appealing, follow these steps: Log in to Investor360°® and select Settings in the upper right corner. If you don’t have online access, call our office at 507-281-6650 to get it. For each…
Read MoreIt’s Here: What You Need to Know About SECURE 2.0
Presented by NorthStar Financial Partners On December 29, 2022, President Biden signed into law the Consolidated Appropriations Act, 2023, an omnibus spending bill that includes the SECURE 2.0 measure (a.k.a. the Securing a Strong Retirement Act 2.0). Broadly, SECURE 2.0 is intended to make retirement saving more straightforward and accessible to a wider range of…
Read MoreBorrowing From Your 401(k)…
Frequently Asked Questions About Social Security Retirement Benefits
Presented by NorthStar Financial Partners The following information addresses common concerns about collecting social security retirement benefits, including the effects of part-time work and other earnings on benefits, the age at which you may begin collecting, and spousal benefits. Q: What age do you have to be to get full benefits? A: It depends…
Read MoreBudgeting for The Holiday Season
Presented by NorthStar Financial Partners As the winter gifting holidays approach, current economic conditions might cause you to be more cautious than usual about how much you spend on friends and family this year. If rising costs, a declining stock market, and high interest rates are making you take a second look at your capacity…
Read MoreCharitable Giving: What to Do Before You Donate
Presented by NorthStar Financial Partners Making a charitable gift can be a fulfilling experience, but before you donate, it’s wise to do a little research. Taking the time to learn about a charity can help you determine whether the nonprofit organization is legitimate and whether its charitable purposes match your intentions. Use the five-step…
Read MoreLearn About Our 401(k) for Plan Sponsors
Credit Card Dos and Don’ts
Presented by NorthStar Financial Partners For young adults, credit cards are an excellent tool for building credit history, renting an apartment, or establishing financial independence, but they should be used wisely. A credit card is a card issued by a financial company that gives the holder an option to borrow funds, usually at…
Read MoreFinancial Planning for Empty Nesters
Financial Planning for Empty Nesters Presented by NorthStar Financial Partners Congratulations are in order! You planned, saved money for education expenses, and now your child is off to college. But as you settle into your “empty nest,” you might be wondering, now what? It’s time to figure out how to adapt to your child’s…
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