Social Security benefits can be a boost to post-retirement income, but they can also be challenging to navigate. When and how you claim Social Security benefits can significantly change the amount you receive. Add to that the employment uncertainty that many people near retirement are feeling today and Social Security decisions can become quite complex.
Does this sound familiar? You keep meaning to increase your retirement plan contribution, but there just seem to be too many other financial priorities that get in the way. Fortunately, with a little planning, you can develop a strategy to cover those expenses and help stay on track for retirement.
As we proceed through the COVID-19 era, people and banks are finding ways to get back to normal as much as possible, always with an eye towards safety. This includes the real estate and mortgage businesses, which are essential to the housing needs of people everywhere.
Whether as a business or an individual, your relationship with your banker and financial advisor is important. It requires a high level of trust that goes far beyond simply securing your money, conducting a transaction, or paying interest. As the banking industry has changed, customers have options that run from new online-only banks to huge…
You earned your degree and scored your first “real” job – congratulations! Your professional career is off and running. But what about your financial future? Amid all the paperwork, introductions and passwords is an important opportunity to set the course for your adult financial journey. Here are three easy tips to help keep you on…
If you’re like most parents, you’ve spent more than a few sleepless nights worrying about your child’s future. After general happiness and wellness, one major concern often tops our minds: How will we pay for college?
The content available on this site is provided for informational purposes only, is not intended as an offer or solicitation for the purchase or sale of any financial instruments and should not be relied upon as an investment recommendation. Alerus Financial, N.A. (Alerus) makes no representations or warranties as to the accuracy, completeness or timeliness of the information. Statements of fact are considered reliable but no representation or warranty is made as to their completeness or accuracy. The information should not be construed as legal or tax advice. Alerus does not provide legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.