"Will proposed changes to Roth IRA accounts impact the middle class or only the "uber-wealthy?"- Jim Fish One of the most contentious features of President Biden's "Build Back Better" legislation is a proposal designed to prevent ultra-wealthy individuals and couples from taking advantage of Roth IRA loopholes. As you probably know, the government introduced Roth [...]
“Modern retirement, with its volatility and unpredictability, requires the use of multiple retirement income tools including annuities.” Jim Fish Adjusting to life without regular paychecks is challenging and stressful for many retirees. Maintaining even a modest lifestyle and addressing rising medical costs requires foresight, planning, and strategic execution. Modern retirement, with its volatility and unpredictability, [...]
"Annuities provide guaranteed, predictable sources of income. But do pre-retirees with money in 401ks need to add them to their portfolios?"- Jim Fish Annuities have some undeniable advantages over other financial instruments. For one thing, annuities make retirement planning more accessible by creating a guaranteed source of predictable income that lasts a lifetime. Annuities also protect [...]
“Nearly all benefits programs are rife with confusing terminology, deadlines, and endless hoops. This is especially true for private-sector employees who face a bewildering array of options and a dearth of good information.” Jim Fish It’s been said that simplicity is the ultimate expression of elegance. If this is the case, the world of employee [...]
