Roth IRAs, IRAs, 401(k) and Account Conversions

The big difference between the Roth IRA and other retirement accounts is that rather than receiving a tax break for monies placed into the account, you receive the tax break when you withdraw the money. Why is this difference important? Like any other choice based around tax issues, the more funds that have a tax advantage, the better the net results. Using a Roth IRS’s long term accumulation allow for blending this tax free income with other assets which may have more tax liability.

By |2020-04-16T18:30:12+00:00March 21st, 2019|Financial Planning, 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|

Should You Convert Your IRA To A ROTH IRA

If you are considering converting your IRA to a Roth IRA make sure you know the details I’ve been blessed to talk about Retirement Planning on my weekly radio show for almost a decade. My show airs four times per week on multiple stations. One of the most common questions I am repeatedly asked is, [...]

By |2020-04-16T00:20:33+00:00January 31st, 2019|Retirement Planning|

Learn The Secret That Most Affects Your Retirement Success

When you consider what it takes to establish a successful retirement plan, what comes to mind? Is it your annual rate of return; the safety of your principal; having a balanced portfolio; guaranteed income for life? While all above are important, they are not the most critical factors that will determine whether you will run [...]

By |2020-04-17T18:00:36+00:00April 16th, 2018|Retirement Planning|