Learn tips and tools to increase savings, balance risk & return, and maximize your retirement savings.

Your Retirement Distribution Strategy

Retirement is close. You can see it in the near future. You’ve worked hard to accumulate your resources, and you are facing the most important aspect of reaching retirement: how do you take distributions from all of your accounts so the money will last and in the most tax efficient way possible? Even though each [...]

By |2019-06-17T21:33:37+00:00June 6th, 2019|Retirement Planning|

10 Retirement Planning Mistakes and How to Avoid Them

We all dream of retirement and spending our time as we see fit, but making that life changing decision prior without fully understanding the consequences can be an error. Compared to other cultures and countries, The US lags behind in the percentage of funds saved.

By |2019-04-14T22:06:44+00:00May 14th, 2019|Retirement Planning|

Avoid Unnecessary Probate Expenses and Time Delays With This Simple Planning Tip

When you open a retirement savings account (such as an IRA), you have the option of naming a beneficiary. This beneficiary designee stipulates where these assets will go when you pass away. A beneficiary form commonly takes precedence over a will, because retirement accounts do not fall under probate.

By |2019-04-14T22:14:27+00:00May 12th, 2019|Retirement Planning|

457 Retirement Plan Options

A 457 Plan might be a good choice for your retirement planning What Is A 457 Plan? A 457 plan is a type of defined contribution plan, for which employees of state and federal governments, agencies, and tax-exempt organizations. Contributions made to the plan with pre-tax money, earnings, and contributions are tax-deferred while under the [...]

By |2019-03-25T20:58:48+00:00May 7th, 2019|Retirement Planning|

What is a Prohibited Investment in an IRA?

The IRS restricts specific investment options for an IRA. These restrictions do not allow the investment in collectibles, antiques and other assets. Here is a list: If an IRA invests in collectibles, the amount invested is considered distributed in the year invested. The account owner may have to pay a 10% additional tax on early [...]

By |2019-04-17T19:35:37+00:00April 17th, 2019|Retirement Planning|