Retirement Watch Weekly
Plan Charitable Contributions from Your IRA for 2022
It is time to plan your qualified charitable distributions (QCDs) from IRAs for 2022 if you haven’t already. Anyone who’s age 70½ or older, makes charitable contributions and has assets in a traditional IRA should use QCDs to make at least some of their charitable contributions. With a QCD, you’re converting a taxable distribution into […]
When to Use Estate Planning Software to Write the Plan Yourself
Technology makes many things easier and less expensive. A question many people face is whether to prepare their estate plans using do-it-yourself soft- ware or websites. Estate plan preparation software for individuals is nothing new. It has been around since the early days of the personal computer and went online as the internet boomed. Many […]
New Estate Planning Rule: Avoid an Electronic Mess
Few things these days do more to increase the cost of and delay the time it takes to administer an estate than leaving an electronic mess for the executor and heirs to clean up. Yet, that’s what numerous people do by not incorporating their digital assets and electronic lives in their estate plans. Many people […]
Bob’s Journal for 3/24/22
Market Recovery vs. Dead Cat Bounce The S&P 500 rose 6.15% in the week ending last Friday, March 18. Did that surge indicate the end of the market decline since last November’s peak? Or was it the proverbial dead cat bounce? For some perspective, I looked at the last two extended bear markets, one from […]
How To Minimize Your Taxes in the The Roth IRA Conversion Strategy
*Note: At the end of today’s story (Part 2 on how to convert your traditional IRA to a Roth with minimal tax burden), I highly recommend you take a moment to watch a new video I filmed alongside NFL Hall of Fame quarterback Fran Tarkenton. Meantime, here’s the follow-up to last week’s Retirement Watch Weekly. […]
Bob’s Journal for 3/17/22
The Surge in Energy Stocks It is hard to believe the numbers on the 2022 rally in energy stocks. Not long ago, you almost had to pay investors to hold energy stocks. All commodities, including energy commodities, were in long-term bear markets. In addition, governments globally were ramping up their campaigns to encourage businesses and […]
How To Convert Your IRA to a Roth – Without Taking a Tax Hit
What stops people from converting all or part of a traditional IRA or 401(k) to a Roth IRA? For many, it’s the cost of doing so. And yet, a few simple strategies, while staying alert for opportunities, can dramatically reduce the cost of converting an IRA. As you know, income taxes are the cost of […]
Cracking the Nest Egg: How Most Retirees Turn Portfolios into Cash Flow and How They Can Do It Better
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. […]
