Tag: retirement decisions

Which is Better: An IUL or a Roth IRA?

When it comes to building a solid financial future, finding the right investment vehicle can be a daunting task. Comparisons are often made between an IUL (Indexed Universal Life Insurance) and a Roth IRA (Individual Retirement Account) as a choice between getting life insurance or investing in the stock market. While an IUL can give the appearance of doing both; however that’s not really the case – and, often, this can lead to unrealistic expectations.

June 6, 2023

Uncle Sam’s Greed and Your Retirement: Should You Go All-In on Your 401(k)?

Given the size of our growing national debt it’s no wonder so many people believe taxes will be higher in the future. We have an ageing population and there are a number of factors at work: There’s the annual deficit plus money needed to fund Medicare and Social Security, just to mention a few.

May 19, 2023

How Can You Make Your Retirement Money Last?

Making your retirement nest-egg last through retirement isn’t easy. Company pension plans have all but disappeared, which means it’s now up to you to be your own actuary. Unfortunately, it’s not something many are equipped to do.

May 4, 2023

What Baby Boomers Need to Know About Social Security in 2023!

Social Security claiming decisions aren’t as simple as they may appear. The decisions you make for yourself can impact your spouse, your future taxes, and even the bite Medicare premiums take from your Social Security benefits.

April 11, 2023

SECURE Act 2.0 and How Tax Law Changes Might Change Your Plans.

The SECURE Act includes roughly 100 new rules for retirement affecting both individuals and businesses – all with tax implications and various effective dates. These are the most expansive changes to retirement rules in 40 years.

March 31, 2023

The Big (Expensive) Rollover Mistake Some People Make

At retirement, some people receive a check from their employer for their 401(k) balance and write a check for deposit into their IRA before the 60-day deadline, just like they were told, to avoid any problems with the IRS. They’ve met the deadline. The money is now in their IRA. They’re clear and the rollover is complete…. or is it?

March 14, 2023

What People Get Wrong About Retirement Rollovers

Here’s what people get wrong when making rollover decisions.

February 27, 2023

Retirees’ Biggest Decision? It’s Still When to Claim Social Security.

Too many seniors still take the Social Security claiming decision too lightly – it’s a mistake that can cost them tens, if not hundreds, of thousands of dollars of retirement income during their lifetimes. And, often, the decision is made based on false bias or assumptions rather than a solid planning strategy.

February 15, 2023

IRAs With Excess Assets Impact Family Members Too!

After passage of the SECURE Act of 2019, non-spouse IRA beneficiaries are now required to liquidate their inherited IRAs by the end of the 10th year. Often, that means they’ll be withdrawing taxable income from the inherited IRAs during their peak earning years – great gift for Uncle Sam, but not so good for the kids.

January 9, 2023

ESG Investing: Really Worthwhile or Just Another Wall Street Gimmick?

The value of ESG – or even what it is – hasn’t been defined. So, it depends on who you ask, how the law is interpreted, and apparently, who’s doing the packaging. Oh, yes, it also depends on how you quantify it.

November 27, 2022

Tag: retirement decisions

Which is Better: An IUL or a Roth IRA?

Uncle Sam’s Greed and Your Retirement: Should You Go All-In on Your 401(k)?

How Can You Make Your Retirement Money Last?

SECURE Act 2.0 and How Tax Law Changes Might Change Your Plans.

The Big (Expensive) Rollover Mistake Some People Make

What People Get Wrong About Retirement Rollovers

IRAs With Excess Assets Impact Family Members Too!

ESG Investing: Really Worthwhile or Just Another Wall Street Gimmick?

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Which is Better: An IUL or a Roth IRA?

Uncle Sam’s Greed and Your Retirement: Should You Go All-In on Your 401(k)?

How Can You Make Your Retirement Money Last?

A Tax Trap That Catches Many By Surprise

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Jim's Money Blog

Which is Better: An IUL or a Roth IRA?

Uncle Sam’s Greed and Your Retirement: Should You Go All-In on Your 401(k)?