Articles and Videos
You Need to Know These Two Roth Rules!
The creation of the Roth IRA back in 1998 gave us an entirely new financial planning tool — one that both retirees and those who are still saving for retirement could potentially use. Since that time, it’ turned into a useful tax-advantaged tool for many people to help offset and maybe even eliminate certain taxes… View Article
How to Build A Financial Plan- Episode 108
Creating a withdrawal strategy in retirement, one that aims to keep you from running out of money before you run out of time, is a unique – and difficult – challenge. It involves much more than simply trying to achieve the best rate of return. With so many external factors that are out of your… View Article
How to Take Money from Your 401k Before Age 59 ½ Without a Penalty
If you’ve ever thought about retiring early – say, before age 60 – you’ve likely thought about how you’re going to be able to create the cash flow you need and to make it last for the rest of your life. The problem is, you’re not yet old enough to take any Social Security retirement… View Article
How to Take Advantage of Your Zero-Percent Tax Bracket
Introduction We talk a lot about tax management, and for good reason. Knowing how various kinds of income are taxed may allow you to minimize your tax bill by taking advantage of what the tax brackets and tax laws give us. For example, did you know that the first $26,000 or so of income for… View Article
Are You Retired and Charitably Inclined? Try This Strategy!
If you’re at least age 72, you probably know that you’re in what’s called “Required Minimum Distribution” territory. This is when you’re required to take at least a minimum amount of money from your tax-deferred retirement accounts and pay taxes on that amount. For people with especially large accounts, taking even the minimum can result… View Article