Archive for IRA

IRA New Year’s Resolutions

IRA New Year’s Resolutions

The New Year is here, and you may be thinking about an array of resolutions you have for 2019. This year, we want to encourage you to really pay attention to your IRA (Individual Retirement Account) and leave no stone unturned. Here are some steps you should take to help make sure that everything is […]

Continue Reading →

Posted in: Blog, Retirement, Financial Planning, Investment Management, Tax Planning, IRA, 401(k)

Leave a Comment (0) →

Year-End Tax Planning and QCDs

Year-End Tax Planning and QCDs

You’re thinking, “Oh boy taxes!” right? Well, unfortunately as long as you earn money, have money, and live in the United States, you’re going to pay taxes. There are significant tax planning opportunities around this time of year, every year. The problem is that most people aren’t thinking about taxes right now. They’re thinking about […]

Continue Reading →

Posted in: Blog, Retirement, Investment Management, Tax Planning, IRA

Leave a Comment (0) →

Is a Roth Conversion Right for Me?

Is a Roth Conversion Right for Me?

There is story after story about people who come into a bunch of money. Where problems can arise is when they don’t know what to do with it, they don’t understand the concept of money, and they don’t know how much they can safely spend. Simply put, there is no plan in place other than […]

Continue Reading →

Posted in: Blog, Retirement, Financial Planning, Investment Management, Risk Management, Tax Planning, IRA, 401(k), FAQs

Leave a Comment (0) →

You Can Save More Money in Your IRA in 2019

You Can Save More Money in Your IRA in 2019

Saving for retirement? Then we’ve got some good news. The IRA contribution limit will increase to $6,000 in 2019, up from $5,500 in 2018. Even better news for some, if you’re over 50 in 2019 you’ll be able to contribute $7,000, as compared to $6,500 in 2018. Why the Limit Increase? The IRA contribution limit […]

Continue Reading →

Posted in: Blog, Retirement, Financial Planning, Investment Management, Tax Planning, IRA, 401(k)

Leave a Comment (0) →

At What Age Can I Retire?

At What Age Can I Retire?

How long do you need to work? Like just about everything else in financial planning, it’s a complex question. While the average worker retires at 621, for you, that may be too early or too late. We can help answer that question by considering a few things: Do you have a pension plan through your […]

Continue Reading →

Posted in: Blog, Retirement, Financial Planning, Investment Management, Social Security Planning, IRA, 401(k), Lifestyle

Leave a Comment (0) →

What Do I Need to Do 10 to 15 Years from Retirement?

What Do I Need to Do 10 to 15 Years from Retirement?

An excerpt from our Retirement Plan Checklist Depending on when you wish to retire, there are certain things you should check off your Retirement Plan Checklist at certain points in advance. Some of these things will revolve around you reaching a certain age, where you’re retired or not (such as Medicare). Other items on your […]

Continue Reading →

Posted in: Blog, Retirement, Estate Planning, Financial Planning, Investment Management, IRA, 401(k)

Leave a Comment (0) →

Taking Advantage of Stretch IRAs

Taking Advantage of Stretch IRAs

Taking Advantage of Stretch IRAs If you weren’t already aware, a huge benefit of an IRA is its capability to generate tax-favored money to beneficiaries. By “stretching” an IRA left to an heir, it can provide pre-tax compound investment returns for the remainder of a beneficiary’s life or even after death. These stretch IRAs can […]

Continue Reading →

Posted in: Blog, Retirement, Financial Planning, Investment Management, IRA, Family, Inflation

Leave a Comment (0) →

Determining Tax on Roth IRA Distributions in 5 Easy Steps

Determining Tax on Roth IRA Distributions in 5 Easy Steps

What are the ordering rules? Roth IRA distributions can consist of contributions, converted funds and earnings – or any combination of the three. To determine what your distribution is, you must use “ordering rules” which dictate the order in which these categories of Roth IRA money must be withdrawn. All Roth IRAs are considered one […]

Continue Reading →

Posted in: Blog, Retirement, Financial Planning, Investment Management, Tax Planning, IRA

Leave a Comment (0) →

No More Roth IRA Do-Overs Under the New Tax Bill

No More Roth IRA Do-Overs Under the New Tax Bill

Now that the Senate and the House of Representatives have both passed versions of the new tax reform law, one of the things that got the ax was Roth IRA recharacterizations after December 31, 2017. Well, maybe a better description is that the Roth recharacterization is on the chopping block and is hanging on by […]

Continue Reading →

Posted in: Blog, Retirement, Investment Management, Tax Planning, IRA

Leave a Comment (0) →

Fixing a Missed RMD in 5 Easy Steps

Fixing a Missed RMD in 5 Easy Steps

What is a missed RMD (required minimum distribution)? RMDs must be taken by IRA owners beginning in the year they turn age 70 ½ and by IRA and non-spouse Roth beneficiaries beginning in the year after the death of the account owner. RMDs not taken are subject to a penalty of 50% of the amount […]

Continue Reading →

Posted in: Blog, Financial Planning, Investment Management, Tax Planning, IRA

Leave a Comment (0) →
Page 1 of 2 12