Alpha Insurance Brokerage, LLC

09/27/2021

Do better for you and your family.

Current 2 year CD's: .70-.75% APY
Current 2 year MYGA: 1.75% APY

Current 5 year CD's: 1.10-1.15% APY
Current 5 year MYGA: 3.00% APY

03/30/2020

There are three provisions which directly affect your Individual Retirement Account (IRA):

1. Required Minimum Distributions (RMDs) for 2020 are not required,

2. Distributions prior to age 59 1/2 of up to $100,000 are not subject to the 10% excise tax in 2020, and,

3. Distributions of up to $100,000 this year can be reported as income over three years and/or repaid.

There are 3 provisions which directly affect your Individual Retirement Account: Required Minimum Distributions for 2020 are not required, distributions of up to $100,000 can be reported over 3 years and distributions of up to $100,000 made prior to age 59 1/2 are not subject to a 10% excise tax.

03/23/2020

It may only be a matter of time, but Massachusetts is on their way to having a state fiduciary rule in place. While there is no set effective date yet, this new rule will require agents to show the benefit of their recommendation, regardless if it has a higher compensation structure. Will your state be next?

Massachusetts is widening the fiduciary scope to cover more suitability business.

03/19/2020

Diversification is one of the cornerstones of prudent investments. If you are interested in more guaranteed returns or income, call Alpha today!

https://www.fidelity.com/learning-center/trading-investing/rethinking-risk

Market downturns are a great reminder to take another look at your portfolio and mix of investments. Learn more now.

03/09/2020

This is a great read to get a basic understanding of how the new Secure Act could impact your retirement. Call us if you have concerns about your savings!

It’s now the biggest legislative change to the retirement system in more than a decade.

02/13/2020

Help protect yourself and your loved ones from scams. These can occur over phone or text, the internet or email, and even through the mail.

Financial and tax scams are becoming more and more frequent. See how you to help protect against identity theft to avoid financial scams.

01/14/2020

If you prefer to get tax refunds, maximize your credits and deductions!

These tips will help you get a larger refund this year, while teaching you how to pay less taxes going forward.

01/08/2020

The SECURE Act has important ramifications that will most likely impact you through major changes to the stretch/inherited IRA, increasing the RMD age from 70 1/2 to 72, and lastly allowing individuals over 70 1/2 to contribute to IRAs.

In May, the House of Representatives passed the bill, officially known as the Setting Every Community Up for Retirement Enhancement Act of 2019, by a remarkable 417-3 bipartisan majority. While that kind of political momentum is difficult to oppose, the bill's progress had been stalled by a sma...

12/16/2019

Unfortunately, you cannot believe all you read, even from established companies like Forbes. This article is full of inaccuracies, one of the leading contributors to customer confusion when it comes to handling financial matters.

One of the biggest concerns Americans face nearing retirement: Will I run out of money?

12/09/2019

Getting outside counsel can help remove emotions from the equation of retirement.

Sometimes your emotions can be more of an obstacle to retirement than your finances.

11/25/2019

Knowing the difference between a MEC and Non-MEC life insurance policy can help you have a more enjoyable retirement. Be educated, be empowered.

Congress has placed limits on the amount of money that can be put into life insurance policies. What can you do to counteract this?

11/21/2019

Small raises ahead for Social Security income in 2020.

Changes are to the Social Security Administration pension program are an annual event and 2020 is no different. Some changes are due to formulas, while others are part of the legislative framework underpinning Social Security. Here are six changes announced by the SSA last month: