Retirement

Do you own an IRA?  Depending on how you became the owner of that IRA will dictate how you must make withdrawals from the IRA.  As is the case with all traditional IRA’s Uncle Sam wants his share [...]

Are you planning your retirement?  Will you be retiring in the next 20 to 30 years?  If you are indeed planning your retirement and it will be in the 20 to 30 year time frame there are some [...]

Are you a federal employee or a uniformed service member?  If you answered yes do you participate in the Thrift Savings Plan (TSP)?  I have recently written an eBooklet on the TSP that is [...]

Do you have permanent life insurance and normally give to charity?  Are you in a position where you may not need the proceeds of a life insurance policy?  If so you may consider donating your [...]

Are you nearing retirement?  Do you have a lot of debt going into retirement?  There are some steps you can take to make sure your retirement is one that is debt free.  That is the best way to [...]

Are you at the age where retirement is a real possibility?  Are you looking at the size of your retirement accounts and figuring you are all set?  If you are going to retire in the next few years [...]

Do you contribute to an IRA on an annual basis?  When in the year do you contribute?  Are you one to make your contribution early in January or do you wait until closer to the tax and [...]

Are you a married couple about to enter your golden retirement years?  Is Social Security going to be a main component of your retirement income?  If you answer yes to one or both of these there [...]

Have you heard the President’s new IRA idea?  It is one that is linked to one if the most successful 401(k) type of investments around, the Thrift Savings Plan or TSP.  This new IRA type of [...]

Does your employer offer a ROTH 401(k)?  Is it really beneficial to contribute to a ROTH 4019(k)?  The basic answer to that last question is yes provided you are young enough and do not plan on [...]