This article is reprinted by permission from NextAvenue.org. In his classic tune “Roll Over Beethoven,” Chuck Berry famously belted: “Roll it over then move on up.” Well, if you’ve ...
Read more
Comments Off on Should you roll over your 401(k) to an IRA? Here are 3 tips for this key retirement decision.
Taxes
Required minimum distributions have gotten a little bit trickier in 2022. Joining me to discuss what you need to know is tax and retirement planning expert, Ed Slott. ...
Read more
Comments Off on Required Minimum Distribution Confusion in 2022
There are a variety of tax deductions and credits available to people who save for retirement. But you could incur tax penalties if you don’t use these accounts ...
Read more
Comments Off on 10 Ways to Reduce Taxes on Your Retirement Savings
Reducing your tax bill seems to be one of the biggest motivators for making 401(k) contributions. The good news for 2022, 401(k)-contribution limits have increased. Keep reading as ...
Read more
Comments Off on 5 Benefits Of Supercharging Your 2022 401(k) Contributions
The Main Types of Annuities Generally speaking, there are two basic annuity types, immediate and deferred. The main difference between them is your payout options. With an immediate ...
Read more
Comments Off on Types of Annuities and How they Work
Social Security is a significant source of income for many retirees, but people often misunderstand even basic concepts behind this government program. Nearly 90% of American adults say ...
Read more
Comments Off on 6 Things Many Americans Get Wrong About Social Security
IRAs are the name of the game for today’s retirees. While they come with helpful tax breaks for savers, pulling money out in retirement comes with major tax ...
Read more
Comments Off on Why Today’s Retirees Need to Pursue Tax-Minimization Strategies
Biden’s proposal would equalize the tax benefits of saving for retirement by instituting a refundable tax credit for contributions into a traditional retirement plan such as a 401(k), ...
Read more
Comments Off on How President Biden’s Tax Proposals Could Affect Your Retirement Plan
There are a lot of factors to consider when deciding whether to pay your mortgage off early. Before making any financial decisions, make sure you step back and ...
Read more
Comments Off on Should I pay off my mortgage early?
There are a lot of pieces to the retirement tax-planning puzzle, but lucky for you, that means you have a lot of options to help control your taxes. ...
Read more
Comments Off on Good Planning Can Reduce the Chances of Taxes Hurting Your Retirement Funds
