Higher Life Expectancy, Lower IRA Required Distributions

Watch this video on YouTube If you are over 72 and own an IRA, 401(k), 403(b), or TSP, you may be on the receiving end of a gift from the President. In 2018 he issued an Executive Order on “Strengthening Retirement Security in America.” One of the...

More IRA Mistakes to Avoid

Watch this video on YouTube Last week I discussed two critical IRA mistakes, based on information I learned from Jeff Levine of Fully Vested Advice, Inc., at the 2018 spring conference of the National Association of Personal Financial Advisors. This week I will cover...

Tax Planning for Retirement Plan Required Minimum Distributions

Watch this video on YouTube Planning is important for all things financial, including retirement, which is inevitable no matter how far into the future it may seem. The financial decisions you make in your 20s through your 60s will greatly impact the quality of your...

New IRS Ruling Allows Relief on Unwanted 2009 RMDs

According to IRA guru Ed Slott, IRA Owners and Plan Participants can now put back unwanted RMDs for 2009. RMDs were waived for 2009, but the relief came late in 2008 causing some people to take withdrawals that were not required. This Notice provides retroactive...