Which Way To Turn

Quarantined, isolated and confused Today, I am sitting in my home, self-isolated, keeping a social distance away from the rest of the world, and I have a slight tickle in my throat.  I am watching TV with one eye on the stock market as the Dow drops lower and lower, and with the other eye [...]

By |2020-07-19T14:30:42+00:00July 19th, 2020|Annuities|

What Is A Qualified Longevity Annuity Contract?

"The need for guarantees, lifetime income, safety, and safety make choosing the right plane essential” Philip Richardson An annuity is a type of contract offered by insurance companies. When someone buys an annuity, they are, in most cases, contracting to exchange a lump sum of cash gain a guaranteed monthly income. Social Security, which forms [...]

By |2020-07-13T20:31:12+00:00July 13th, 2020|Annuities|

Should You Be Concerned About Required Minimum Distributions

If your Required Minimum Distribution is not managed properly you may be exposed to additional tax liability   Determined by the fair market value of qualified retirement accounts, a Required Minimum Distribution (RMD) is the minimum withdrawal amount account owners must take when they reach age 70½. Types of accounts affected by the Internal Revenue [...]

By |2020-04-16T00:19:52+00:00August 19th, 2019|Retirement Planning|

Q&A on IRA’s (Individual Retirement Accounts)

Learn how to gain the greatest benefit from your IRA   If you own an IRA, you are probably aware of how confusing these plans can be. A recent change in the rules regarding IRAs has caused many IRA owners to misuse their plans. Here are some basic questions regarding IRAs and how they may [...]

By |2020-04-16T19:37:59+00:00February 1st, 2019|Retirement Planning|

Safeguard Your Wealth With Required Minimum Distribution Strategies

              These days most of us know that contributing to pre-tax retirement accounts like IRAs and 401(k) plans allow us the ability to receive upfront tax deductions and to enjoy the tax-deferred growth as long as the investment remains in the account. For that building retirement wealth and income, [...]

By |2020-04-12T23:43:38+00:00August 14th, 2018|Financial Planning, Retirement Planning|

Why Market Draw Downs Slash Total Retirement Dollars

Will the stock market volatility reduce your retirement funds?   After a productive and too often strenuous lifetime of work, the time comes when we want to rely on the dollars we’ve saved and the income for which we have planned. Many of us saved in qualified funds retirement accounts, such as 401 (K)s, IRA, [...]

By |2020-04-15T01:08:15+00:00March 14th, 2018|Retirement Planning|