Marriage. The birth of a child. Caring for loved ones. Divorce. With each family milestone, revisit your financial plan and consider any updates. There are steps you can take to keep your priorities on track.
Losing a loved one is always difficult. We understand. If you’ve inherited a T. Rowe Price account, we can help with next steps.
When you’re ready, call to let us know a T. Rowe Price account owner has died. That way we can place a hold on the account until proper documentation is submitted.
We’re here to discuss all available options for your inheritance.
In addition to retirement, you may be saving for a home or other large purchase, or a special event. It’s important to factor these costs into your overall financial strategy. And remember if possible, avoid taking money from an IRA or other retirement account. We can help you start a plan to begin investing for your other savings goals.
It’s not easy to guess what your medical needs may be or how your costs may change over time. But considering your options now, such as long term care or a health savings account, is time well spent—especially as you approach retirement.
All investments are subject to market risk, including the possible loss of principal.
An IRA should be considered a long-term investment. IRAs generally have expenses and account fees, which may impact the value of the account. Non-qualified withdrawals may be subject to taxes and penalties. Maximum contributions are subject to eligibility requirements. For more detailed information about taxes, consult IRS Publication 590 or a tax advisor regarding personal circumstances.
This material is provided for general and educational purposes only, and is not intended to provide legal, tax or investment advice. This material does not provide fiduciary recommendations concerning investments or investment management; it is not individualized to the needs of any specific benefit plan or retirement investor, nor is it directed to any recipient in connection with a specific investment or investment management decision.