Social Security Claiming can be Confusing.
Social Security can be confusing; even the hard-working people working in Social Security offices don’t always get it right. Here are the two questions advisors often get asked.
Social Security can be confusing; even the hard-working people working in Social Security offices don’t always get it right. Here are the two questions advisors often get asked.
Social Security claiming mistakes can result in more than just lost income; you might end-up paying thousands in extra taxes later!
Longevity risk is real. Accumulating assets for retirement was a lot easier than managing retirement income. Now you practically have to be an actuary to make sure your money doesn’t run out before you do!
Longevity risk is real. Accumulating assets for retirement was a lot easier than managing retirement income. Now you practically have to be an actuary to make sure your money doesn’t run out before you do!
A Roth conversion for some IRA assets may provide more tax savings than you realize.
Over half of all Americans expect to live a comfortable retirement and only one third think Social Security will be important to them.
The Social Security Board of Trustees released its annual report on the long-term financial status of the Social Security Trust Funds.
There may be times when you might decide it’s worth claiming your Social Security benefits early!
IRAs are popular choices as a retirement vehicle, today holding over $11 trillion in assets, estimated to comprise more than one-third of all retirement assets. What’s interesting is that naming trusts as IRA beneficiaries has become more common.
Remember when we heard the SECURE Act eliminated the stretch IRA for most all non-spouse beneficiaries?
As you may or may not know, the Tax Cuts and Jobs Act is due to expire at the end of next year – just 16 months from now. The Biden Administration has proposed new tax increases worth knowing about.
If you are one of those asking the ‘will my money last’ question, there’s a way you can find out just what your probabilities are!