Retirement Watch Weekly
10 Questions I’m Asked the Most Now About Income, Safety and Annuities
In my new Retirement Watch Spotlight Series, I’ll share my newest breakthrough strategies for protecting your assets and growing your portfolio, including how to prepare for the next market downturn. Click here now to learn more. […]
Bob’s Journal for 10/13/22
IRS Waives Some Penalties on Inherited IRAs The IRS issued proposed regulations in February 2022 that surprised a lot of tax advisors and indicated a number of heirs incurred penalties for not taking actions they didn’t know about. Late last week, the IRS said it would waive those penalties for 2021 and 2022. The proposed […]
Lifetime Income Through Annuities: Everything a Retiree Should Know
There are two ways to generate guaranteed lifetime income through annuities, and it’s important to understand their differences. The standard, simple way is to buy a single premium immediate annuity (SPIA) or a deferred income annuity (DIA). An income rider simply is a feature that you add to the annuity contract. Remember that in a […]
Bob’s Journal for 10/6/22
Safe 5% Yields are Back The Federal Reserve’s been increasing interest rates and tightening the money supply at the fastest pace in decades. Because of that, market interest rates moved from historically low levels up to levels we haven’t seen since the financial crisis. That’s not good for the economy but it helps savers and […]
The Fed vs. Inflation: The Battle Continues
Stagflation is the economic environment that’s most damaging to financial assets. The combination of a weak economy and high inflation hurts both stocks and bonds. We’re likely entering a period of stagflation. The economy is slowing because of the Fed’s actions. The housing market probably has declined more than any other sector. Prices for many […]
Changes Coming to Medicare Part D
The Inflation Reduction Act made a lot of headlines when it was enacted in August. Most of those headlines were for its provisions related to climate change, but the new law also made significant changes to Medicare’s Part D prescription drug program. The most significant near-term reforms are to the coverage gap, also known as […]
What You Need to Know About Annuity Income Riders
There are two ways to generate guaranteed lifetime income through annuities, and it’s important to understand their differences. The standard, simple way is to buy a single premium immediate annuity (SPIA) or a deferred income annuity (DIA). I’ve discussed these in past issues of Retirement Watch and in my Spotlight Series online seminars. This month, […]
How to Turn Investment Losses into Valuable Assets
Prices for stocks, bonds and many other investments are tumbling, and that means many investors have or soon will have losses in their accounts. Losses in taxable accounts can be minimized and turned into assets by knowing the tax rules and using the best strategies for your situation. In a taxable account, an investment loss […]
