Fixed index annuities track a market index or indices. They are tax-deferred and offer a guaranteed minimum surrender value. These annuities are regulated not by the SEC but by the state insurance departments. However, they may charge an administration fee. Learn more about fixed index annuities. Annuities that track one or more market indices Annuities […]
Read MoreDarcy Bergen notes that if you’re planning to retire from the workforce, you’ll want to look at the social security retirement age chart. These charts show the benefits you can expect if you decide to delay retirement. While the younger generation may feel pessimistic about receiving benefits, new funds are continuously pouring into the system. […]
Read MoreDarcy Bergen thinks that contributions to a traditional IRA are tax-deductible, and the funds grow tax-deferred. You may even withdraw the money tax-free, if you want to. The only limit is the first home distribution limit, which is $10,000 per lifetime. In addition, a traditional IRA distribution is a substantially equal periodic payment program, which […]
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According to research from Fidelity, the average retired couple in 2020 at age 65 could need an estimated $295,000 in after-tax savings to cover retirement healthcare expenses. As an experienced financial advisor at Bergen Financial Group, Darcy Bergen explains an emerging trend of using health savings accounts (HSAs) as a powerful retirement planning tool. Considered […]
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Financial advisor Darcy Bergen draws from tremendous experience. For over two decades, he has advised clients of all stripes as a financial planner. He started Bergen Financial Group in 2003. Midland National’s annuity division has recognized him as a top20 advisor in sales repeatedly. In 2015, Darcy Bergen became a fiduciary, which requires a series […]
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Have you ever wanted to make money without having to put in a lot of effort? Do you want your money to work for you? Thankfully, Darcy Bergen is here to explain the importance of compound interest and how it can work for you. Darcy Bergen is an experienced financial professional and understands the importance […]
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Are You Retiring? Let Darcy Bergen Explain How That Should Impact Your Life Insurance Darcy Bergen, a financial expert, wants to help you avoid making common mistakes with your finances while also allowing you to plan for your future. One of the areas where people make mistakes has to do with their life insurance plans […]
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Financial planner Darcy Bergen recently discussed why a Roth IRA conversion could work for you in the current economy. The stock market took a major downturn during the 2020 coronavirus pandemic. For retirees and potential retirees, this means retirement savings may have been sacrificed. However, the downturn has created one positive result for retirees. Financial […]
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Founder and owner of the Bergen Financial Group, Darcy Bergen, has helped people of all ages understand financial management and help take the mystery out of money matters. For more than two decades, Darcy Bergen, both personally and professionally, has invested a lifetime in not only learning about financial responsibility but teaching it too. From […]
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Darcy Bergen believes that more people are taking advantage of savings by converting to Roth accounts. According to CNBC news, you could end up saving $41,000 on an IRA worth $1,000,000. This is based on the unique situation of recent stock runoffs, Darcy Bergen said. If you’re stuck between panicking over sudden downturns and […]
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