Retirement Watch Weekly
Eight Beneficiary Designation Mistakes to Avoid
Beneficiary designation mistakes are among the most frequent causes of estate and retirement plan problems, yet they are easy to avoid. The beneficiary designation, not your will or living trust, decides who inher- its retirement plans, such as IRAs and 401(k)s, and some other assets. Too of- ten, someone has a well-written will and living […]
Estate, Gift and Income Tax Amounts Increase for 2023
The IRS announced the annual inflation increases for various tax provisions that take effect January 1, 2023. The lifetime estate and gift tax exemp- tion increases to $12.92 million (from $11.7 million). A couple can jointly exclude $25.84 million. Gifts of up to $17,000 can be made to any person without being included in 2023’s […]
Two Final Touches to Secure Your Legacy
Many estate plans, even the better estate plans drafted by solid attorneys, lack two essential elements. The absence of these features makes life more difficult than it needs to be for loved ones. I’ve seen many cases of the negative effects of these oversights and was saddened to realize how easily they could have been […]
Bob’s Journal for 12/1/22
Some Notable Events That Grabbed My Attention This Week This week, I received, fresh from the printer, copies of my new book, “Retirement Watch: The Essential Guide to Retiring in the 2020s.” You can make a pre-publication order or learn more about the book by clicking here and here, respectively. In this week’s subscriber-only teleconference, […]
“The Coming Retirement Squeeze” Conference Call
Welcome to my subscriber-only conference call: The Coming Retirement Squeeze. Click on the image below to listen to the conference call. Click Here Now to Learn More About the Lifetime Retirement Protection Program
“The Coming Retirement Squeeze” Conference Call
Welcome to my subscriber-only conference call: The Coming Retirement Squeeze. Click on the image below to listen to the conference call. Click Here Now to Learn More About the Lifetime Retirement Protection Program
How To Get Supplemental Social Security Benefits – as a Grandparent Caregiver
More and more grandparents and great-grandparents are the primary caregivers and source of support for their grandchildren and great-grandchildren. The latest data indicate that 8% of grandparents have grandchildren living with them. There are many reasons grandparents assume full responsibility for grandchildren. The grandchild’s parents might have died. The parent might be coping with substance […]
Bob’s Journal for 11/24
Happy Thanksgiving 2022 Happy Thanksgiving to all my Retirement Watch members and readers! My wife, Elaine, and I are thankful for the opportunity to help each of you establish and maintain your independence during retirement. I am grateful to the many readers who let me know, through email or conversations at my speaking engagements, how […]
