Tag: Retirement Strategy

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

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

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

Does SECURE Act 2.0 Create a Stealth Tax?

The SECURE Act 2.0 may do a lot to help secure Uncle Sam, but I’m not so sure about the rest of us.

January 23, 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

Planning for Retirement? Here are a few tips!

For some people, planning for retirement can feel like trying to eat an elephant; but, it doesn’t have to be that way. Before making big decisions, it’s always important to get the ducks lined-up first.

September 29, 2022

SECURE Act 2.0: RMD Age Hikes Coming?

RMD age hikes may not be the blessing you think. The question just might be who is more secure? Retirees or future government spending?

August 8, 2022

Tag: Retirement Strategy

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)?

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

What People Get Wrong About Retirement Rollovers

Does SECURE Act 2.0 Create a Stealth Tax?

IRAs With Excess Assets Impact Family Members Too!

SECURE Act 2.0: RMD Age Hikes Coming?

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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)?