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Joe McDonald January 3, 2022
Saving for retirement is a main concern for most working folks, but as a self-employed individual, there are a number of differences for your retirement planning strategies.
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December 31, 2021
You’ve worked hard to save toward your retirement goal, and as it gets closer, now is the time to make some important decisions and nail down the specifics.
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Martin Schamis December 16, 2021
Planning a retirement withdrawal strategy is a fundamental step toward replacing a traditional paycheck with a long-term retirement “paycheck.”
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Peter Longo August 26, 2021
You’ve spent your entire working life saving and investing in tax-advantaged
retirement accounts like 401(k)s and IRAs.
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Michael Repak and Jay Guyer July 29, 2021
One common estate planning technique for clients with large retirement plan balances is to designate a trust as the beneficiary of those accounts. However, those planning to use a trust or trusteed Individual Retirement Account (IRA) are encouraged to take a fresh look at their plans following the updated distribution rules of the SECURE Act1.
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Jack Cintorino June 21, 2021
A Roth IRA is an individual retirement account that allows a person to set aside after-tax income up to a specified amount each year. Both earnings on the account and withdrawals after age 59 1/2 are tax free if it has been at least five years since you first opened and contributed to your Roth IRA, regardless of your age when you opened it.
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Shurdonna Joseph June 16, 2021
You know the importance of saving enough money for retirement so that you
have readily available sources of funds to augment your guaranteed income
from Social Security and any pensions. But did you also know that how you go
about converting your assets into income can have significant tax implications?
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Kenneth Couser April 30, 2021
Back in our grandparents’ day, retirement didn’t require a lot of planning. You retired at age 65 and could pretty much count on a solid guaranteed monthly income stream (from the combination of Social Security and a company pension) to cover your essential expenses such as food, shelter, and clothing.
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Michael Repak April 8, 2021
A recent Federal Reserve survey reported that 26% of non-retirees do not have any self-directed retirement savings.
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Martin Schamis March 15, 2021
A basic approach to withdrawing assets would include liquidating bank accounts, non-qualified brokerage accounts, non-qualified variable annuities, IRA accounts, and Roth IRA accounts, in that order.
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November 2, 2020
If you participate in a 401(k), or other qualified retirement plan that lets you invest in your employer’s stock, consider the tax deferral opportunities of net unrealized appreciation.
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Jack Cintorino August 12, 2020
The lowering of tax rates prior to the coronavirus pandemic made it a good time to consider converting your traditional IRA to a Roth IRA.
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August 6, 2020
Timing when you plan to retire is usually focused on your personal goals and circumstances. Market conditions or the economy often don’t play a part in the equation.