President Biden announced a plan to forgive student loans for borrowers who meet certain criteria. We’ve got the details here.

Working with a financial advisor is one secret to financial success. Gibbons Financial Group can make a difference in your friends’ and family’s lives.

Life insurance protects your dependents in the event of your death, so it’s crucial to carry life insurance if you have children or others who rely on you financially. Additionally, it’s wise to make a habit of updating your coverage at least once per year as your life situation and needs change. Taking advantage of the Abbott Laboratories/AbbVie life insurance offering is a no-brainer for most Abbott Laboratories/AbbVie employees, but you have to go a step further to make sure you have enough total coverage. That’s why we put together this overview of the types of coverage available for Abbott Laboratories/AbbVie employees.

Are you an Abbott Laboratories employee with restricted stock units? Here’s everything you need to know!

Abbott Laboratories/AbbVie offers an excellent health insurance plan to meet the needs of you and your family. It’s important to understand the different options available and choose your plan carefully. We help employees choose a plan that fits within their budget, medical needs, and applies toward their preferred care providers.

One of the best ways to avoid financial anxiety in retirement is to work with your financial professional to map out various retirement scenarios to see what your savings can handle. Knowledge will empower you, especially in this situation. Taking advantage of the many Abbott Laboratories/AbbVie retirement benefits can help manage your retirement savings and mitigate taxes.

The Abbott Laboratories/AbbVie 401(k) plan can make up a large portion of your eventual wealth, especially if you have worked at the company for several years. But what is the best way to manage your 401(k)? And how do you make sure your investments are diversified and appropriate for your situation? We’re specialists in the Abbott Laboratories/AbbVie 401(k) investment options and we help employees like you make the most of their plans.

Even if you’re not stressed, that doesn’t mean it’s not important to find an advisor you can trust and work with to help strategize your finances and plan for a bright future. At Gibbons Financial Group, our job is to help you live life to the fullest. No matter what happens in your life, or whatever questions you have, you can always count on us.

Investors are understandably nervous about their investments and their purchasing power. If you are worried about your portfolio, you’re not alone. But during stock market volatility, it’s important to keep a level head to avoid financial mistakes.

Abbott Laboratories and AbbVie offer generous pension plans with different payment options when you retire. A common subject that comes up for us when we meet with clients is how to select the best pension payment option. The answer is complicated because we have to look at different factors that come into play after retirement. Here we’ll lay out the options available to you as an Abbott or AbbVie employee.

Are you looking for more information on the Abbott Laboratories/AbbVie benefits package? Do you want to know the details of each option and how they work together to enhance your financial plan? We are specialists in the Abbott Laboratories/AbbVie benefits and help employees to understand which options are right for their specific needs.

One of the most common reasons employers match 401(k) contributions is to attract and retain talent. And the statistics back this up. One survey found that 81% of employees say that retirement benefits make up a major portion of a job search. Another survey found that 80% of workers would keep a job with benefits rather than take one that offered more pay and no benefits, and a 401(k) match was the most highly valued benefit among respondents. Abbott Laboratories offers a generous 401(k) match as part of its excellent benefits package.

One of the most commonly overlooked aspects of a retirement plan is long-term care (LTC), defined as “a range of services and supports you may need to meet your personal care needs,” including both custodial and medically necessary care. Considering 7 out of 10 people turning 65 this year will require LTC in their lifetimes and that the average cost of care is between $43,000-$92,000 per year, it’s critical to make sure you and your family have a plan.

With a world of information at our fingertips, we can find reviews, history, product specifications, and more details than we’ll ever need about anything we want to buy. In other words, before making a major purchase, we can arm ourselves with information to make the best choice possible.

The pharmaceutical manufacturing industry is constantly growing due to the increasing demand for healthcare services. This can be credited to an aging population, disease, and as the world continues to battle a pandemic. As you experience more uncertainty in the world, it’s important to ensure that your future is taken care of financially.

At Gibbons Financial Group, we strive to provide our clients with the tools to enable them to retire with confidence. With custom-designed wealth and investment management strategies, our clients are empowered to live out their retirement years the way they want to.

No one is immune to vacationitis. You know, when you’re on vacation and suddenly imagining yourself at your own little retreat on a regular basis. It happens to even the most sensible and level-headed of us. But before you start scouring Zillow and reaching out to real estate agents, slow down and consider if a vacation home is truly a good investment for you and your family.

The loss of a spouse can be devastating. The remaining partner is often left in an emotionally fragile state as they attempt to make sense of their loss. There is no way to prepare emotionally for the loss of your spouse, but we can prepare for the future financially. Imagine if you or your spouse were in this position; would you be prepared? Below, we have outlined a guide to help you and your spouse prepare for this inevitable challenge.

As financial advisors, we often encounter scenarios where professionals in the BioPharma industry may need to cash out all or part of an investment. If your Abbott/AbbVie retirement plan includes restricted stock units (RSUs), there are a few things you should be aware of before deciding when and how to cash out.

It’s no secret that for most Americans these days, Social Security is a significant retirement asset. Born out of the Great Depression as a retirement safety net, these days a record high of around 180 million people are working and paying into the system that provides benefits for over 65 million people. In fact, the majority of retirees get more than half of their income from Social Security.