How powerful is the opportunity of deferring taxes from your current income? Are you taking advantage of tax-deferral? If you qualify to use an the tax benefits of an Individual Retirement Account (IRA) but aren’t doing so, why don’t you? I’ve illustrated the possibilities of employing the uses of a plain old Traditional IRA (Individual […]
Missed Opportunity Read More »
[dropcap]A[/dropcap]we Retirement!! Yes, you—Retirement!! Alas, you have arrived to save me from another performance evaluation from my dimwit boss; relieved me of making another PowerPoint presentation; freed me from the burden of yet another business trip away from my family; carried me away from the soullessness of Main Street; and breathed new life into my
Too Little Retirement Savings? Read More »
[dropcap1]W[/dropcap1]here birthday parties for three, four, and five-year-olds are what makes growing up seem so much fun, the sounds and excitement after age 50 mark different milestones. And who would ever guess that the Internal Revenue Service (IRS) would create great opportunities for some of your birthdays, and mandate action at others. Here’s a short
Financial Milestone Ages Read More »
In the last three days, I received notification from several insurance companies (providing Long Term Care, Annuities, life insurance, etc.) who are getting rid of income riders, charging more for coverage, and decreasing the benefits on their new policies. The reason: extremely low interest rates over the past 3-years in conjunction with the low-rates forecasted
You Snooze, You Loose. Read More »
