Glass, Toilet Paper And Cell Phones

What do glass, toilet paper and cell phones all have in common? The answer is this; 3 large American companies have turned to annuities to offset uncertainty in their pension obligations. PPG Industries, Kimberley Clark and Verizon are only 3 examples of large companies buying their way out of unknown future pension obligations.  In other [...]

By |2017-10-24T05:52:12+00:00June 28th, 2016|Annuities|

Social Security Will Run Out of Money

I know that is a broad and concerning statement, and one intended to cause the reader to investigate further.  Actually, the new research report from Boston College’s Center for Retirement Research provides us with fresh and actionable information. If current spending, without tax adjustment, continues, in 2034, benefits will need to be reduced by 25%.  [...]

By |2017-10-24T05:55:31+00:00June 28th, 2016|Social Security|

The IRS Tightens Control Over Your IRA

The IRS wants as much control over your IRA as possible: New rules tighten grip. In the past, if you were the owner of an IRA, you were free to move your funds as much as you wished. As an example, if one bank had a higher interest rate, you simply transferred the funds. Now, [...]

By |2017-10-24T06:04:08+00:00June 22nd, 2016|Retirement Planning|

Don’t Miss These Important Deductions

If you are retired or nearing retirement, these deductions can make a huge difference in how much money you will have available to you. Talking advantage of legal and available deductions is smart retirement planning. Taxes can be very complicated, please ask for licensed and authorized help before making any final decisions. The tips listed [...]

By |2017-10-24T06:11:19+00:00June 21st, 2016|Retirement Planning|

Retirement Saving Balances In 401(k)s Is Dropping

Almost 66% of Americans are in danger of having sufficient funds for retirement. A recent research report calculates that the U.S. retirement savings levels in both qualified accounts and bank account is nearly in a crisis mode. One of the more shocking fact uncovered was that the average working household has virtually no retirement savings. [...]

By |2017-10-24T06:36:00+00:00June 16th, 2016|Retirement Planning|

Income Options For Retirement

Considering income options for retirement? Numerous options exist to help you make sure you receive the maximum income for your available retirement dollar.  Many of these options have market risk associated with them.  On the list below, I have marked negative points on each option to make sure you see both sides.  This is meant [...]

By |2017-10-24T06:40:48+00:00June 15th, 2016|Retirement Planning|