How to Turn a Beneficiary IRA into a Tax-Free Retirement Strategy
How We Turned a $52,000 Beneficiary IRA into a Tax-Free Retirement Strategy Introduction: The Power of Strategic Planning John inherited a $52,000 IRA from his mother at age 47. Like many beneficiaries, he followed the...
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Dividend Investing: Income Now Vs. Income Later
Part of any sound investment strategy is investing for income. Income now for those who are retired and income later for those who are in the accumulation stage of life. There are various ways to address this, including real estate, annuities, and bonds among them. There is another form of income investing that you might not have considered; dividends.
Do I Need Long-Term Care Insurance?
Do I Need Long-Term Care Insurance? While our lifespans continue to increase, there is a gap between lifespan and health span. Those who live longer often need more care than those who die younger. And...
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What is Sequence of Returns Risk?
Of the biggest risks to your retirement, behavior, inflation, taxes, longevity, and sequence of returns, perhaps the least talked about is sequence of returns risk. But it can have just as much impact on your...
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The Basics of Social Security
By 2030, just six years from now, every Baby Boomer will be 65 or older—all 73 million of them. You become eligible to begin receiving Social Security benefits at age 62, so if you’re not...
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3 Reasons It May Be Time To Update Your W-4
3 Reasons It May Be Time To Update Your W-4 For many of us, the only time we fill out a W-4 form is when we start a new job. But your W-4 can be...
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How to Prepare for a TCJA Sunset in 2025
How to Prepare for a TCJA Sunset in 2025 In December 2017, the Tax Cuts and Jobs Act of 2017 (TCJA) was signed into law. The Act lowered the income tax rates for most income...
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The Power of Catch-Up Contributions: Accelerating Retirement Savings After 50
Why consider catch-up contributions? Ask 100 financial advisors how much money you need to retire, and you’ll get 100 different answers. There are so many variables between people; lifestyle, health, location. And there are so...
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What is a Letter of Instruction?
What is a Letter of Instruction? If you have an estate plan, congratulations! While most of us understand the importance of having an estate plan, only 33% of Americans have one. And while an estate...
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