If you find yourself the beneficiary of a traditional or Roth IRA, it’s important to understand the rules that apply to these inherited IRAs. When the owner of an IRA dies, the account becomes the property of the beneficiary – or to the owner’s estate if no beneficiary was named. The inherited IRA is not really yours While you keep…
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Social Security and Medicare: Challenges
Every year, the Trustees of the Social Security and Medicare Trust Funds release reports to Congress on the programs’ financial condition and projected financial outlook. The newest reports discuss the challenges and project a Social Security cost-of-living adjustment (COLA) of 2.2% for 2018. Why are they facing financial challenges? Social Security and Medicare are funded primarily through the collection of…
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CNBC News: Maura Griffin on Same-Sex Planning
Financial advisors recommend couples thinking about same-sex financial planning have a discussion about how the Supreme Court decision will affect their finances and consider the ramifications of all possible outcomes. “One size is not for all, so one broad answer wouldn’t address the factors involved. The financial choices are driven by individual goals and emotions,” said Maura Griffin, founder and…
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Wilbraham Monson grad visits Maura Griffin
Valeria Surkovaite ’14 visited Maura Griffin at Blue Spark Capital Advisors offices while she was in New York City and had a meeting with Founder, CEO & fellow Wilbraham Monson Academy* alumna Maura Griffin. Valeria told WMA alumni magazine, “It was extremely nice to meet a fellow alumna and although our graduation years are far apart, we were able to…
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