Strategies for maximizing your Individual Retirement Account (IRA’s) Investments, Tax Savings and Timing of Required Minimum Distributions
Found 395 Articles.
Get access to our full article archive by subscribing to Retirement Watch and Retirement Watch Spotlight Series.
Investors leave a lot of nickels and dimes on the table, and over time those pennies can total up to quite a few dollars. One way to avoid those leaks from your nest egg is to optimize the benefits of tax-advantaged accounts. An investor might have taxable accounts, traditional IRAs and retirement accounts (such as […]
In this tough job market, more people are opting to start businesses instead of seeking employment. To help fund those businesses, they often look to their qualified retirement accounts (401(k)s and IRAs). It can be a great financing strategy, but it’s also one fraught with potential tax traps and that the IRS is closely examining. […]
Folks age 50 and over, especially small business owners, generally are playing catch-up with their retirement savings. Many self-employed and small business owners don’t know all the retirement plan options available to them to enhance their savings. That’s understandable. There are many pension plan options available, and several were created quietly by Congress over the […]
In 2010 a record number of traditional IRAs were converted into Roth IRAs. Financial services firms report a stampede of IRA owners rushed to convert in December. Now, it’s time for the next stage. Those of you who converted shouldn’t completely move on to other matters. You should monitor converted IRAs and re-evaluate whether you […]
In my new Retirement Watch Spotlight Series, I’ll share my newest breakthrough strategies for protecting your assets and growing your portfolio, including how to prepare for the next market downturn. Click here now to learn more.
Immediate annuities solve the problem most people say is their biggest fear: outliving their money. Buy an inflation-adjusted immediate annuity and you ensure the lifetime stream of income retains its purchasing power for the rest of your life. Yet, sales of immediate annuities are low among those who are in the age group of likely […]
IRAs and other retirement accounts were changed by Congress’s last minute laws in December 2010. The changes included the extension of the Bush tax cuts and some other provisions and generally are positive for IRA owners. ? Among the provisions that were extended is the special treatment of charitable contributions from some IRAs. The provision […]
A major fear of retirees and those nearing retirement is running out of money. You can stretch your retirement funds by planning the order in which to spend your different investment accounts. Paying attention to the drawdown order increases after-tax wealth and makes your money last longer. Most people have more than one type of […]
Required minimum distributions are back for 2010 and later years. Congress waived RMDs for 2009 only. You have to take yours by the end of 2010 if you haven’t already and continue taking them in the future. RMDs are required after age 70½. You must take your first RMD by April 1 of the year […]
Log In
Forgot Password
Search