Have you ever had to dip into your retirement funds early, only to wonder if there’s any way to undo the damage? Well I’ve got some good news for ya! There is a way to return funds to your IRA after taking a withdrawal – but you’ve gotta follow some strict rules to avoid penalties … Read more
Are you worried about getting double-taxed on your backdoor Roth conversion? You’re not alone. As someone who’s helped countless clients navigate this retirement strategy, I’ve seen this question pop up over and over. Let’s clear the confusion once and for all. What Is a Backdoor Roth IRA Anyway? Let’s make sure we agree on something … Read more
Protection for You and Your Loved OnesLearn how annuities can be effectively combined with trusts in an estate plan. These reviewers are industry leaders and professional writers who regularly contribute to reputable publications such as the Wall Street Journal and The New York Times. Our professional editors look over our papers and suggest changes to … Read more
Have you been daydreaming about saying goodbye to your morning commute and hello to leisurely breakfasts on your patio? If you’re approaching your mid-60s, retirement might be on your mind more than ever. But is 66 actually a good age to retire? Let’s dive into everything you should consider before making this life-changing decision. Why … Read more
Worried that your retirement strategy might get turned upside down? With all the chatter about Roth IRAs possibly vanishing it’s no wonder many of us are feeling anxious about our future finances. But before you panic let’s dig into what’s really happening with Roth IRAs in 2025. The Current Status of Roth IRAs and Conversions … Read more
Ever stood at your mailbox wondering if there’s any way to get a bit more from Social Security? You’re not alone. One of the most common questions I hear from readers approaching retirement is whether they can somehow collect two Social Security checks at the same time. It’s a fair question – after all, many … Read more
There are probably more than one retirement account for you if you’ve had more than one job over the years. If so, it may be in your best interest to combine your accounts into one. Here’s why. Ever find yourself drowning in a sea of retirement paperwork? You’re not alone. As we hop between jobs … Read more
Congress created the Federal Employees Retirement System (FERS) in 1986, and it became effective on January 1, 1987. Since that time, new Federal civilian employees who have retirement coverage are covered by FERS. FERS is a retirement plan that gives you money from three different sources: Social Security, the Thrift Savings Plan (TSP), and the … Read more
If you’ve inherited an individual retirement account (IRA), you may wonder about the tax implications of distributions. IRAs are tax-friendly while the account holder is alive, but there are different tax rules for people who inherit an IRA. Understanding these rules is essential to avoid unexpected tax bills and to make the most of your … Read more
Automated Teller Machines have evolved significantly since their introduction in the 1960s. ATMs were first made to give out cash when banks weren’t open. Now, they can do many things, like deposit checks and move money between accounts. Today, there are over 3. 5 million cash machines worldwide that are visited by users on average … Read more