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There’s a Reason for All the Rules
There’s a Reason for All the Rules
Sometimes readers take me to task for not explaining a particular facet of the law when I write a column about some Social Security topic or another. I ...
05-19-2022
How an IRA Works
How an IRA Works
A 401(k) plan gives participants little choice. The company will have selected the fund manager. The fund manager will decide how to invest the employees’ money—and the employees ...
05-17-2022
Everything About Annuity Fees
Everything About Annuity Fees
Hopefully, you are now a little more knowledgeable when it comes to the different types of annuities. Next up? Learning all about the fees that are associated with ...
05-10-2022
7 Tips to Help Boost Your Retirement Funds
7 Tips to Help Boost Your Retirement Funds
The notion of retirement is a lot like the idea of driving a motorhome from coast to coast. At the beginning of your career journey, your goal of ...
05-9-2022
How to Stop Being Nervous About Retirement
How to Stop Being Nervous About Retirement
Retirement can be scary, no matter who you are. It makes sense that some people are nervous about retirement. How much money do you really need for 20 ...
05-8-2022
Annuities: 15 Things You Must Know to Save You Time and Money
Annuities: 15 Things You Must Know to Save You Time and Money
The prospect of having some sort of guaranteed retirement income is particularly attractive in today’s uncertain financial climate. The threat of stock market volatility or outliving your savings ...
05-7-2022
The Four Stages of Retirement
The Four Stages of Retirement
One of the first stages of retirement begins about five years before retirement. This is when we begin winding down work and gearing up for a new chapter. ...
05-6-2022
Understanding Required Minimum Distributions (RMD) Rules 
Understanding Required Minimum Distributions (RMD) Rules 
When you make a contribution to a traditional Individual Retirement Account or 401(k), the tax liability on the funds you contribute is deferred until you take the money ...
05-6-2022
Types of Annuities and How They Work
Types of Annuities and How They Work
The other day I was craving tacos. The hunger was fierce. So, I decided to head to my favorite Mexican restaurant to satisfy my appetite. Usually, I choose ...
05-3-2022
Understanding Annuities and Taxes: Mistakes People Make
Understanding Annuities and Taxes: Mistakes People Make
When it comes to taxes, we all have to pay the piper. In this case, the piper is Uncle Sam. So, even though you’ve seemingly already paid your ...
05-1-2022
10 Ways to Boost Your Retirement Savings (Without Extra Money)
10 Ways to Boost Your Retirement Savings (Without Extra Money)
When it comes to retirement planning, that’s the boring advice we’ve been told ad nauseam. And, even though we might be tired of hearing it, saving is indispensable ...
05-1-2022
How to Retire Early With Zero Regrets and Extra Cash for Life
How to Retire Early With Zero Regrets and Extra Cash for Life
Depending on who you ask, early retirement has different definitions. Generally, any time before your 62nd birthday when you are eligible to draw Social Security benefits. Recent years ...
04-30-2022
How to Rollover Your 401(K)
How to Rollover Your 401(K)
The first thing you’ll need to do is obtain the details of your new 401(k) plan. The human resources department should be able to tell you the account ...
04-29-2022
Retirement Planning 101
Retirement Planning 101
The best time to start retirement planning is today. No matter what you are doing as you read this, or what you have planned for the rest of ...
04-28-2022
5 Types of Annuities
5 Types of Annuities
Annuities may seem complex. In reality, they’re very straightforward—like a warm and delicious pizza. All variations of pizza contain the following basic structure; crust, sauce, cheese, and toppings. ...
04-27-2022
What Is an RMD and How Will It Help You Retire?
What Is an RMD and How Will It Help You Retire?
When it comes to your retirement, you did everything right to be ready. You developed a retirement plan that took into account your lifestyle, health care, and potential ...
04-25-2022
3 Types of IRAs
3 Types of IRAs
Like 401(k) plans, IRAs can come in a range of different flavors. Savers have different ways to prepare for their futures based on the levels of their income ...
04-25-2022
10 Steps to Take Now for a Tax-Free Retirement
10 Steps to Take Now for a Tax-Free Retirement
“Our new Constitution is now established, and has an appearance that promises permanency; but in this world, nothing can be said to be certain, except death and taxes,” ...
04-25-2022
7 Types of Insurance for a Secure Retirement
7 Types of Insurance for a Secure Retirement
“No well-planned retirement should be without long-term care insurance. It is the very cornerstone of retirement security.”–Suze Orman Retirement is regarded as the golden period of one’s life. ...
04-24-2022
101 Must-Know Retirement Statistics for 2022
101 Must-Know Retirement Statistics for 2022
I’ve been reading a ton about retirement, sounds like you too. The retirement statistics I’ve been reading are shocking. Retirement is a defining milestone in life that marks ...
04-21-2022
10 Reasons Why Retirement Isn’t as Expensive as You Think
10 Reasons Why Retirement Isn’t as Expensive as You Think
Retirement is expensive—no matter if you’re a freelancer, business owner, or employee! Or so you’ve been conditioned to think. After doing a simple Google search about retirement costs, ...
04-19-2022
Backdoor Roth IRA’s, What You Should Know Before You Convert
Backdoor Roth IRA’s, What You Should Know Before You Convert
If you are considering a backdoor Roth IRA, chances are your income has put you over the threshold of making a direct contribution. So when you can’t just ...
04-16-2022