Retirement Watch Weekly
Building Wealth for Grandkids with Roth IRA Investments
There are many tools and strategies available to provide financial help for the grandkids, especially education expenses. Perhaps the best available for many people is the Roth IRA. There are several ways to include a Roth IRA in your plan to help the grandkids, and the Roth IRA can help in a wide range of […]
Knowing When IRA Losses are Deductible
There are predictable responses to market declines. One response is more people asking, “When can I deduct losses in my IRA?” The disappointing answer is, “Not very often.” The disappointment is understandable. Investment losses have been incurred, so most people think they should be deductible. But generally losses incurred in an IRA aren’t deductible on […]
Evaluating the CCRC Living Option
Interest in the continuing care retirement community as a living option (CCRC) is rising, but interest still is not as strong as before the financial crisis. Retirees considering their living options might find a good deal in a CCRC, but they need to shop carefully and fully understand the terms of the CCRC. You also […]
February 2016
February 26, 2016 05:15 p.m. Your Retirement Finance Week in Review Next week I’ll be at the MoneyShow Orlando. So, we might not have a Bob’s Journal or it might be issued at something other than the usual time. We’ll have a booth at the MoneyShow where I can meet with members, and I’ll be […]
Creating the Retirement Internship
You can enter retirement with more confidence and certainty than most retirees. Retirement planning has many projections, forecasts, and assumptions. In other words, there’s a lot of uncertainty in every retirement plan. In addition to the financial issues, many people retire either uncertain about how they will spend their time or with untested assumptions about […]
Starting the New Year with Good Estate Planning Gift Giving Strategy
Most people wait until late in the year to focus on the gift giving that’s part of their financial and Estate Planning. It’s smarter and shrewder to think about their estate planning giving strategies early in the year and execute gifts through the year to maximize the benefits. The federal estate tax used to drive […]
Making Stretch IRAs Easier, While You Can
The Stretch IRA is the Holy Grail for many IRA owners. They want their IRAs to last a long time. They want the magic of time and tax deferral to boost the IRA balance. These IRA owners have adequate income and resources, so they don’t plan to spend down their IRAs. They expect the IRAs […]
Highlights of the New Tax Law
Congress closed out 2015 by passing the Protecting Americans from Tax Hikes (PATH) Act of 2015. The law addressed the 56 or so tax breaks that expired or expiring. Unlike past years, Congress didn’t simply extend them for a year or two. Instead, some were made permanent and others were extended for more than a […]
