Retirement
Inherited IRA Rules That Can Surprise And Trap Heirs
Congress and the IRS made inheriting an IRA a very complicated, confusing event. Inherited IRAs are accompanied by a host of little-known rules that are…
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FDIC Changes Deposit Insurance For Trust Accounts
The Federal Deposit Insurance Corporation (FDIC) changed its deposit insurance coverage for some accounts effective April 1, 2024. The basic…
IRA Heirs Can Delay RMDs Another Year, But Should They?
The IRS recently announced that in 2024, for the fourth consecutive year, IRA beneficiaries don’t have to take the annual…
Approaching Age 65? Don’t Forget To Confirm Your Medicare Eligibility
My friend is going on a river cruise in October. She has already started her packing list because this trip…
How Much Money Do You Really Need To Retire Comfortably?
Most people are confused about how much money they need to retire comfortably, and financial services firms often add to…
Mental Health Awareness And Dilemmas With Aging Parents
It’s Mental Health Awareness Month. There is a nationwide effort to remove the long standing stigma of mental health issues.…
Don’t Roll Over RMDs To Other Retirement Accounts
Some retirees continue to make a key mistake with required minimum distributions, and that could cost them a lot of…
Treating The Epidemic Of Loneliness And Social Isolation Among Seniors
One of the many lessons we should have learned from the Covid-19 pandemic is the cost to older adults of…
Why Skipping Probate Could Save Time And Money
There are many reasons to avoid probate when planning for your estate. Avoiding probate avoids the hassle of having to…
How IRMAA Can Increase Your Medicare Premiums In Retirement
Many assume they will be free of health insurance premiums once they reach Medicare age. Others think that everyone pays…
The Expense That’s Covertly Boosting Your Personal Inflation Rate
A major expense of many retirees and pre-retirees has been increasing rapidly, but it isn’t included in the Consumer Price…
Gen X, Boomers, 9 Ways To Take Your Retirement For A Test Drive
The leading edge of Gen X and the youngest Baby Boomers are staring down a short road toward retirement. Some…
BlackRock And The Surging Popularity Of Retirement Annuities
A new challenge is emerging in the U.S. retirement landscape. While many people now understand the importance of saving for…
Two Scams Targeting Seniors: Don’t Become A Victim
Unfortunately, the word “scam” has become too common in today’s world. A scam is an act by a dishonest person…
What You Need To Know In 2024 About A Roth IRA
Many well-meaning people take the benefits of a Roth IRA for granted. With the tax benefits of a Roth IRA,…
4 Lessons For Anyone From The FIRE Movement
At first glance, those of us who have been steadily socking away funds and dreaming of retirement in our fifties…
The Surprising Ways A Skilled Home And Auto Agent Can Protect Your Wealth
In the landscape of wealth management, some elements are, for lack of a better term, sexier than others. Both financial…
This Pandemic Boom Town Is Also A Surprisingly Wonderful Place To Retire
Remote workers and retirees alike have flocked to scenic Spokane, driving up home prices. But the city is working through…
Las Cruces And Other Unexpected Hot Spots
Forbes compared more than 800 locales in America on everything from housing costs and taxes to healthcare, air quality, crime…