Those approaching retirement commonly worry about making their money work hard enough for them, in order to achieve a financially secure future. One kind of investment they should look into is annuities a combination of investment and insurance policy. Read more...

Found in: Financial Planning

Social Security beneficiaries are receiving a cost of living adjustment in 2012...and while this may sound like a good thing, it’s actually a “mixed bag.” Medicare premiums will also rise, and these increases could equal the cost of living adjustment. Read more...

Found in: Financial Planning, IRAs

While the requirements for receiving a federal income tax deduction for an IRA contribution are the same no matter what state you live in, the tax treatment of IRA contributions at the state level can vary significantly. Read more...

Found in: Financial Planning, IRAs

Approaching as quickly as a Caribbean hurricane is October 17, 2011, the day of reckoning for undoing 2010 Roth conversions. Once this date passes, most who made 2010 conversions will be locked into them, as well as their accompanying tax bills. Read more...

Found in: Financial Planning, IRAs

If you’re not a millionaire, own just one home, and still drive the car you bought six years ago, you might think you don’t need “estate planning.” Or that your family accountant or attorney will be the only professional you need to help you. Not true. Read more...

Found in: Estate Planning

It’s that time of year again: the back to school season. For those more concerned with retirement than recess, that means it’s time to learn all you can about the latest rules for taxes and IRAs. Here are some of the best resources. Read more...

Found in: IRAs

it is critically important that you review your beneficiary forms often, and verify that your IRA custodian has the most current version of your beneficiary form on file. Either you can decide who gets your assets, or the government can. Read more...

Found in: Estate Planning

As the events of the recent “debt ceiling” issue have taught us, borrowing can be a dangerous game. But when it comes to IRAs, borrowing can be more than just dangerous: it can be a fatal error that can decimate a lifetime of savings. Read more...

Found in: Financial Planning, IRAs

Your retirement planning strategy can seem very daunting, with no idea where to turn. But here are the basic (and not so basic) tenets you must know to save and stretch your wealth during (and after) your retirement years, courtesy of the alphabet. Read more...

Found in: Financial Planning

Your retirement planning strategy can seem very daunting, with no idea where to turn. But here are the basic (and not so basic) tenets you must know to save and stretch your wealth during (and after) your retirement years, courtesy of the alphabet. Read more...

Found in: Financial Planning