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|

Why Buy An IRA When An Annuity Is Better?

An annuity can provide many benefits an IRA can not The Federal Budget needs money, and spending will not go down, the deficit will increase. The federal government must find more sources of revenue through taxation. Should those saving for retirement choose an IRA? If you carefully examine the benefits of an IRA and the [...]

By |2020-04-15T01:07:49+00:00December 17th, 2018|Annuities, Retirement Planning|