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Remember 1966? How About 1967?

Retirement decisions can be momentous. Which year you would have remembered would depend on if you retired back then… and which year!

June 28, 2022

Two Interesting Investment Strategies – But No Free Lunch.

No investment strategy is without some kind of risk; but, I think this comes close. Take a look:

June 20, 2022

Annual Social Security Trustee Report Urges Reform

The annual Social Security trustees’ report is to advise Congress on the financial condition of the Social Security system over the next 75 years. If they project that 100% of benefits will be paid, it’s said to be in balance and no action will be needed. If they project a shortfall, they call on Congress to fix the problem by either raising taxes, cutting benefits, or some combination of the two.

June 14, 2022

A SECURE Act Defense Strategy

Congress labeled it the SECURE Act, because it’s a better sell to the public. But, what Uncle Sam really wanted to do was make their spending programs more secure – hence, securing reelection.

June 6, 2022

Tax Planning for Retirement Income

Tax Planning doesn’t stop at retirement. In fact, tax planning is important for optimizing retirement income – and it changes during all four stages of retirement.

May 23, 2022

To Roll or Not to Roll

Good question. Whether or not you should roll-over your retirement funds to an IRA….. it depends (#1 in the consultant’s handbook of responses).

May 13, 2022

Does The SECURE Act Make You More Secure?

Looking for retirement security?
Government spending has been out of control for decades and Congress needs to raise revenue. So, they passed The SECURE (Setting Every Community Up for Retirement Enhancement) Act in December 2019. It may secure the government’s future; but, one provision may make your heir’s retirement a little less secure.

April 29, 2022

7% Return? From the U.S. Treasury?

Yes, Virginia, Series I bonds sold from November 2021 through April 2022 earn interest at 7.12%. Oops.

April 26, 2022

Beware of Tax Torpedoes and the IRMAA Cliff

Tax traps are waiting. Did you it’s possible to be smack in the middle of the 22% tax bracket, yet taking an additional $1,000 in income could make that additional money taxable at 40%? It can happen to some taxpayers. In fact, there are other pitfalls many aren’t aware of, as well.

April 11, 2022

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How to Create A Risk-Free Investment Strategy.

Bad Financial Behavior and How to Avoid It!

Planning Your Future Without a Roadmap?

Do Roth Conversions Make Sense if You’re in a High Tax Bracket?

Roth Accounts Provide Many Advantages – But Congress Could Provide the Wild Card.

Jim's Money Blog

How to Create A Risk-Free Investment Strategy.

November 13, 2023

So, you want to dive into the stock market without losing your sanity or, more importantly, your hard-earned cash? Here’s a strategy that’s not exactly ‘rocket science’ – Here’s a risk-free investment strategy that’s a ‘diet version’ of a financial plan. It surely doesn’t cover all the bases, but it’s sure to spice up your next dinner party conversation.

Bad Financial Behavior and How to Avoid It!

October 20, 2023

Rollercoasters are fun – at the amusement park. Not so much in your retirement account. And that’s where bad financial behavior gets costly.

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