How to Make Sure Your Money Lasts During Retirement
The 4% Rule How much can you safely withdraw each year from your retirement account? No one wants to outlive their money and be destitute or dependent on others. Studies have shown that a ...
Retirement Plan Rollover Options
When you leave (or have left) an employer, you have several choices of what to do with your qualified retirement plan such as a 401(k) or 403(b). Each choice has distinct advantages and ...
RMD RULES FOR 2020 – Updated June 23, 2020
Normally, if you are age 72 or over this year, you must take a Required Minimum Distribution (RMD) from your IRA each year. This same requirement exists if you were required to take an RMD in ...
RMD Starting Age Now 72 – The Good & Bad Secure Act
THE SECURE ACT: In December 2019, Congress passed the “Setting Every Community Up for Retirement Enhancement” (SECURE) Act. (Long name with a misleading acronym.) This retirement ...
Roth IRA Summary
The beginning of the year is a good time to contribute to a Roth IRA and to open one if you haven't taken advantage of this tax-free investment vehicle.
Should You Convert Your IRA to a Roth?
Background & Advantages You can convert some or all of your IRA to a Roth IRA, regardless of your income level. Up until 2010, you were not allowed to do a conversion if your modified ...
Roth IRA – A Great Plan
The beginning of the year is a good time to contribute to a Roth IRA and to open one if you haven’t taken advantage of this tax-free investment vehicle. Eligibility Married: Your Adjusted ...