For years, your IRA could pass to the next generation while continuing to grow tax-deferred over your beneficiaries’ lifetime. The strategy—called a stretch IRA—was a valuable estate planning tool; that is, until Congress […]
The Big IRA Tax Trap You Might Have Missed Read More »
By now you’ve probably heard plenty about the One Big Beautiful Bill; in fact, you may even be suffering from information overload. That’s why we’re going to break down what
What Retirees Need to Know About the One Big Beautiful Bill Read More »
“When should you start taking Social Security?” ranks among the top questions researched by retirees. Social Security is vital for many Americans, representing at least 50% of total family income
Social Security: 62 vs. 66 vs. 70 – Which is Right for You to Get the Most Benefits Read More »
In this episode: What is different from the big box firms and Golden Reserve with investment planning? Article: Stop saving! Social Security will be enough. Are people who have success
The new law raises the Required Minimum Distribution (RMD) age in two steps. The RMD age increases to 73 beginning in 2023. In 2033, the RMD age will further increase to
New RMD age increases to 73 in 2023. Is it actually a win for retirees? [Radio Show] Read More »
Let’s start with a hard truth: you don’t actually own all the money in your pre-tax retirement accounts (think IRAs and 401ks). Yes, most of it is yours, but the
Avoiding Greedy Uncle Sam in Retirement: Why You Need a Tax Map Read More »
The IRS may be switching up the regulations for inherited IRAs once again. If it feels like playing a game with a friend who changes the rules as they go,
The IRS Throws a Curveball on Rules for Inherited IRAs Read More »
We don’t have to explain why the yogurt in the back of your fridge expired. And we’re all pretty clear on why you shouldn’t eat it. But what’s wrong with
Your Financial Plan Expired at Retirement. But How? Read More »
Like many retirees or soon-to-be retirees, you’re probably hoping to pass on a little financial cushion for your heirs. But what you’re not planning to pass on—tax liability—could sneak in
Why 2022 is a Great Year to Make IRA Tax Draws Read More »
When you open your IRA statement, it’s hard not to feel excited when you see the number with all those zeroes behind it. But you know who else is excited? Uncle
How Much of Your IRA Belongs to Uncle Sam and What to Do About It Read More »