Tag: IRA withdrawals
Nov 11, 2024
A long-anticipated tidal wave of retirees has arrived. In 2024, more than four million Americans—an average of 11,000 per day—have reached or will reach age 65. This surge, the largest in history, will continue through 2027, according to a recent study from...
Jul 16, 2018
Avoid Costly IRA MistakesWatch this video on YouTube Investing through an IRA is a foundational method of retirement saving. Opening and contributing to an individual retirement account is not hard. That doesn’t mean IRAs are simple and easy to understand. I was...
Sep 19, 2016
Roth IRA Tax Strategies, Part OneWatch this video on YouTube When saving money for retirement, taxes are not your friend. Their impact, even for those in lower tax brackets, can significantly reduce one’s retirement income. One of the better vehicles Congress created...
Mar 14, 2016
Lawmakers May Target Some Roth IRA Tax BenefitsWatch this video on YouTube The President has fired the first warning shot indicating that politicians are eying the tax advantages of the Roth IRA. For years I’ve strongly encouraged maximum funding of Roth IRAs...
Jan 26, 2015
Strategic IRA WithdrawalsWatch this video on YouTube Last year I reached a significant milestone—age 59 ½, old enough to withdraw money from my IRA’s with no penalty. While I experienced this milestone as bittersweet, it did remind me of the importance of timing...
