Latus Group, Ltd.

Take a look at this week's Weekly Market Commentary and stay up to date on the latest market trends. Read more here: https://lnkd.in/gq_YrfGX #FinancialAdvisor #MarketUpdate #LasVegas

Paying off high-interest debt should be a priority to reduce financial stress and save money on interest!

🇺🇸 Dr. Martin Luther King Jr. once said, "Life's most persistent and urgent question is, 'What are you doing for others?'" In finance, we see our role as more than just providing services—it’s about helping others build security, opportunity, and a legacy. Today, we honor his dream by striving to make a positive impact on the lives and futures of those we serve. #MLKDay #DreamBig #MarketsClosed

An unexpected expense might quickly knock your finances off track. Can you pay only part of a major car repair or medical expense? If so, you may end up using a credit card or cutting back on long-term savings to cover the cost. To avoid this, we suggest setting aside 3-6 months of living expenses in an emergency fund.

A critical aspect of retirement planning is understanding the rules and requirements surrounding Required Minimum Distributions (RMDs) from retirement savings accounts. An RMD is a mandatory minimum amount that retirement account owners must withdraw from their accounts annually. This blog overviews RMD requirements and how to circumvent IRS penalties:

Have you read our Weekly Market Commentary for the week? If not, check it out here: https://lnkd.in/gq_YrfGX #FinancialAdvisor #MarketUpdate #LasVegas

Tax season is approaching quickly, and understanding the basics of taxes can help you make informed financial decisions and maximize deductions. Contact us to learn more: https://lnkd.in/gztRwd6d

Retirement might be decades away and the least of your worries right now, but that doesn’t mean you should be ignoring it altogether. Regularly contributing to a retirement account, even in small amounts, can significantly grow your savings over time.

Determining whether to transfer your retirement nest egg to an after-tax account is complex. Here’s how to navigate opportunity costs, Medicare surcharges, the ‘five-year rule’ and more.

At Latus Group, we know firsthand how often employees reach out to us, frustrated or worried about tracking down old retirement accounts from previous employers. That’s why we’re excited about the launch of the Retirement Savings Lost and Found Database by the Department of Labor. This new tool is a game-changer for anyone who has struggled to locate forgotten 401(k) accounts, especially in today’s workforce, where job changes are more common than ever. With billions of dollars in unclaimed retirement savings out there, this initiative is a meaningful step toward helping employees reconnect with what’s rightfully theirs and secure their financial future.