Retirement Strategy - The Independent Financial Group

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

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

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

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

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

Tag: Retirement Strategy

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?

Remember 1966? How About 1967?

A SECURE Act Defense Strategy

Does The SECURE Act Make You More Secure?

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Get Ready for Some Possible Tax Increases!

Will My Money Last?

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Key Retirement Milestones

Want to Defer RMD Taxable Income? Try a QLAC!

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Get Ready for Some Possible Tax Increases!

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