Planning Resources
Financial Planning Is A Journey
Your financial future demands a road map along with professional, consistent attention to details. Let Branch Planning come along side you and provide you with direction and assurance.
When Can You Collect Social Security?
Knowing the situations and critical ages of when to start Social Security benefits is essential. The age when you start benefits impacts the amount you receive. Getting the most out of your Social Security retirement benefits can be the difference of thousands of dollars over time. For this reason, you need to determine the best age to start taking Social Security for your situation. Here are the critical ages on the Social Security benefits[...]
Social Security COLA May Be Less in 2024
For 2023, Social Security Retirement and Supplemental Security Income (SSI) benefits increased due to inflation. The increase was 8.7%, resulting in an average monthly benefit increase of $146 per month for a yearly increase of $1,827 in 2023. Social Security benefits are adjusted yearly for inflation as a cost-of-living adjustment (COLA) based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). The CPI-W index measures the monthly price change in a[...]
Understanding the 2024 Social Security Changes: A Comprehensive Review
As the landscape of our economy shifts and evolves, so do the policies and practices that guide our federal programs. One such program that undergoes continual alterations and modifications is Social Security. In this article, we will explore the social security changes anticipated in 2024 that could significantly affect Americans who rely on this vital government program. While the Social Security program, designed to support elderly and disabled citizens, has been a cornerstone of public[...]
Seven Items That Should Be On Your Estate Planning List
Estate planning is an important process of designating who will receive your assets when you pass away and allows you to leave instructions about your property, children, health care wishes, and final arrangements. To help complete an estate plan or get one started, here’s a look at several of the benefits and seven items to add to an estate planning checklist. Estate Planning Benefits No matter a person’s income level or net worth, creating[...]
Living Benefits
What are living benefits?Quite simply, living benefits are benefits that allow you to access a portion of your policy's death benefit while you are still living, if you are diagnosed with a qualifying illness.In fact, many life insurance policies come with living benefits. The money received can be used any way you choose, from paying hospital bills, to making up for missed work due to illness, and more. Death may not[...]
Legacy Planning
Effective legacy planning enables you to manage your affairs during your lifetime and control the distribution of your wealth after death. An effective estate plan can spell out your healthcare wishes and ensure they’re carried out – even if you are unable to communicate. An effective plan can even designate someone to manage your financial affairs, should you be unable to do so. It’s never too early to begin thinking about your legacy or to[...]
Hugh Hewitt
