Americans are still reeling from the recent passage of the Tax Cuts and Jobs Act at the end of 2017, which brought a slew of new tax code changes that were implemented at the start of this year. One of these changes is nearly doubling the standard deduction – which means that the total number… [Continue]
October 28, 2017 By
Options When Inheriting an IRA From a Spouse
When a spouse inherits an IRA, and they’re under age 70 1/2, they have several options in front of them (depending on their unique financial situation – every person is different, and these examples are generalized): Treat the IRA as their own. Transfer the assets to an Inherited IRA. Transfer the assets to an Inherited… [Continue]
August 5, 2017 By
Cognitive Decline a Concern for Future Financial Well-Being
Unfortunately, many of us will experience cognitive decline as we age. It’s not fun to think about, but it is necessary to prepare for. Many people think of exorbitant financial bills coming from a physical ailment during retirement. They’re experiencing more aches and pains than usual, and the tole that a lifetime takes on our… [Continue]
February 10, 2017 By
Estate Plans Help Protect Families
Although it’s unpleasant to think about, it’s a fact of life that things often don’t go as planned. Having an estate plan in place can help to protect your assets and your family in the event that something unexpected happens. How do you create an estate plan? There are a handful of simple steps you… [Continue]
February 10, 2017 By
Non-traded Real Estate Trusts Have Added Lipstick, but are Still Pigs
REITs, or Real Estate Investment Trusts, are fairly confusing. Public REITs come in two different platforms – exchange-traded and non-traded. Exchange-traded and non-traded REITs have a handful of similarities. For example, each is an investment in real estate. They’re also each required to distribute a minimum of 90% of taxable income to shareholders on an… [Continue]
February 10, 2017 By
Flexibility is Key to Any Portfolio Withdrawal Strategy
Determining safe withdrawal rates – or the rate where the percentage of a portfolio that can be withdrawn on an annual basis without sacrificing the portfolio’s ability to last for the lifetime of the investor – is difficult to do. Nobody can predict the future, so knowing exactly how long an investor’s lifetime is going to… [Continue]
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