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Hunter Kuffel

Savings, Retirement and Investing Expert

Hunter Kuffel is a personal finance writer with expertise in savings, retirement and investing. Hunter is a Certified Educator in Personal Finance® (CEPF®) and a member of the Society for Advancing Business Editing and Writing. He graduated from the University of Notre Dame and currently lives in New York City.

Posts by Hunter Kuffel:

by Hunter Kuffel Jan 12, 2021

The most important component of a severance package is, of course, the severance pay. It, in turn, is typically one or two weeks of pay per year of service, though it’s much more than that for executives. Most of us probably think of severance packages as a right. But in most situations, they are a privilege. No federal law mandates them, though there are laws governing severance pay when layoffs come without warning and that require access to  group health insurance plans. Whether the parting of ways is voluntary or not, a company that offers a severance package is doing so as a courtesy – and to buy some goodwill. Read on for more about what you should expect in a severance package and how to negotiate one for yourself. Read more

by Hunter Kuffel Feb 05, 2020

If you’ve worked in the U.S. for at least a decade, you can expect to receive some Social Security retirement benefits once you retire. The idea is that if you pay into the system throughout your career via FICA payroll taxes, then you reap the benefits during your golden years. Determining whether you’re eligible for benefits, and specifically when you can begin receiving them, isn’t quite as simple as it was back when the program began. If you have questions about retirement planning or Social Security, consider meeting with a financial advisor in your area. Read more

by Hunter Kuffel Mar 28, 2019

Medical issues bring about plenty of tough decisions about what treatments you do and don’t want performed. Because you may be incapacitated in these situations, many people prepare ahead of time by creating advance health care directives to record their wishes. In six states, you can record your wishes regarding life-sustaining measures in a uniform format using a medical order for life-sustaining treatment (MOLST) form. Using the MOLST form makes it easier to be sure that you’re recording everything properly and complying with all the laws of your state. That way, you can rest easy knowing there won’t be any hiccups when the time comes. Read more

by Hunter Kuffel Aug 28, 2020

Economic recessions can have major financial implications, as they indicate a large market is experiencing a downturn. They can cost millions of people their jobs, retirement savings and financial… Read more

by Hunter Kuffel Mar 20, 2019

Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) often get lumped together or confused for each other, despite being two distinct government programs. This is… Read more

by Hunter Kuffel Mar 19, 2019

Prenuptial agreements, commonly known as prenups, are agreements that couples sign before marriage. They specify how assets will be divided in the event of a divorce. Prenups have become more common… Read more

by Hunter Kuffel Mar 13, 2019

The executor of a will has a fiduciary duty to act in the best interest of the estate. This means that the law prevents you from acting in your own interest to the detriment of the estate. As an… Read more

by Hunter Kuffel Mar 13, 2019

When most people think of executing a will, they might think only of delivering inherited assets to beneficiaries. However, there are actually several steps of the probate process that the executor… Read more

by Hunter Kuffel Apr 15, 2019

Even if you die without a will or without naming an executor in your will, someone still has to take charge of managing and closing your estate. The person who assumes this role is typically called… Read more

by Hunter Kuffel Dec 15, 2020

Government bonds are one of the safest places to park cash. This is because they are backed by the full faith and credit of the U.S. government, so there’s virtually no risk of default. The tradeoff… Read more

by Hunter Kuffel Jan 25, 2021

Applying for your Social Security benefits is less of a daunting process than it may seem, especially since the Social Security Administration (SSA) allows you to apply online. Once you’ve determined… Read more

by Hunter Kuffel Mar 12, 2019

The executor of a will is in charge of making sure the wishes of the deceased are carried out, as well as handling the final affairs of the estate. The executor has authority from the county probate… Read more

by Hunter Kuffel Jul 24, 2019

One of the most crucial aspects of estate planning is appointing people you trust to step in for you when you can’t act for your self. Two of the most prominent of these roles are the executor of… Read more

by Hunter Kuffel Mar 12, 2019

When it comes to planning your estate, choosing who to name as your executor is an important choice to make. Your executor has a range of duties, including paying your debts, navigating your estate… Read more

by Hunter Kuffel Jul 18, 2019

Setting up a trust can be great way to control how your assets are distributed to your heirs after you pass away. Trusts are in many ways more flexible than wills in managing an estate’s assets. When… Read more

by Hunter Kuffel Mar 11, 2019

Serving as the executor of a will can be a time-consuming endeavor that takes up a lot of mental bandwidth. It can be hard to keep straight the various forms, procedures and duties. To make the… Read more

by Hunter Kuffel Mar 11, 2019

Executors have broad authority from the courts to navigate an estate through the probate process. However, there are limits on what executors can do. These limitations stem mostly from an executor’s… Read more

by Hunter Kuffel Mar 08, 2019

When you serve as the executor of a will, you’ll need to grapple with a lot of paperwork as you coordinate the distribution of assets and property. Rest assured that whatever step of the probate… Read more

by Hunter Kuffel Mar 08, 2019

Serving as the executor of a will can be a bigger time commitment than many people might expect. Not only do you need to oversee the transfer of assets to the proper beneficiaries, but you also need… Read more

by Hunter Kuffel Mar 08, 2019

The executor of a will plays a very important role in the process of closing a deceased individual’s estate. Although many think of executors as simply the people who inform heirs of what they’ve… Read more

by Hunter Kuffel Mar 04, 2019

Some people may feel guilty about taking money for serving as the executor of a will. This is understandable, as the people you’ll be working with will undoubtedly be grieving. (Indeed, you may be… Read more

by Hunter Kuffel Feb 28, 2019

Although it’s never fun to think about, estate planning is an important part of life, especially as we grow older. Many people choose to create a last will and testament to dictate how to bequeath… Read more

by Hunter Kuffel Feb 18, 2020

There’s plenty to consider when it comes to deciding where you want to retire. Some factors that typically come into play include cost of living, access to hospitals and medical care, retirement… Read more

by Hunter Kuffel Jan 15, 2020

401(k) plans are one of the most popular retirement plans in the U.S., having blown past pensions as the primary employer-sponsored plan. And unlike pensions, 401(k)s require participants to choose… Read more

by Hunter Kuffel Aug 23, 2019

Investing in the stock market has been a great way to build long-term wealth for almost as long as the United States has been a country. And as retirements continue to increase with people’s… Read more