Since January is a popular month for email scams, here are some tips to help avoid them and keep the good times going all year long. Call us if you’d like more tips on how to avoid getting caught in a scam; we’re always here to help.
It’s That Time of Year Read More »
As we age, we are increasingly confronted by those younger who insist on pointing out “things have changed,” and they, as part of the younger generation (which they take pride in telling us we are not), know a better way to go about planning for the future than we do. While certainly, there are new
Uncertainty continues to be the only constant, and volatility is likely to continue as the market reacts to the changing trade landscape. While that can be nerve-racking, our position has always been one of prudence and remaining resilient when mitigating the risk of you losing your hard-earned retirement savings. We believe that will continue to
Our Ideas are Resilient by Design Read More »
Last week, we spoke about RMDs and we were then asked to take it a step further and talk about the issue of leaving an IRA to beneficiaries once you have begun to take your annual distributions. With an Inherited IRA, you may either need to take annual distributions no matter what age you were
Conversions of a traditional IRA to a Roth can differ individual to individual, even where the same sum of money is involved. Let’s take, for example, two individuals, each with $100,000 in a traditional IRA, that the funds were identically invested and would double over 10 years. The tax rate was posed to be 30%.
As we approach year end we are frequently being asked about what we call “Lost 401k” accounts. Perhaps you changed jobs, or your employer went out of business or merged with another company, or maybe you’ve just put the memories of a workplace that you left years ago far, far behind you. And now, you
According to a national survey for LiveCareer in June, about 61% of working Americans are more afraid of retirement than of death. Why is this? The survey suggests the reason is that many Americans are financially unprepared to retire. About 20% of Americans ages 50 and older were shown to have no retirement savings according
Americans Are More Afraid of Retirement Than Death Read More »
One way to approach retirement is to think of it in stages. While retirement might seem like the final step of a journey, your goals and lifestyle will likely continue to evolve, and your income strategy should reflect that. For example, consider looking at your retirement in five-year stages; can you meet your income needs
Retirement in Stages Read More »
In the context of bank accounts and who their beneficiaries are, TOD means transfer-on-death, and POD means payable-on-death. These types of designations can play an important role in your estate planning by enabling banks to transfer funds directly to your heirs without the need for probate. This has a broader ramification than you may imagine.
Some scams are run on a daily basis, and are so intricately made, they can trick even the smartest of us. The scams we’re talking about come in the form of emails where the sender shows up in your email box as purportedly coming from an entity you recognize, such as the Social Security Administration,
