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$100 Gift Card Signup OfferYour last Social Security statement contained three key numbers that you may still not know which is best to pick. One number was the benefit amount you will receive at age 62; the second was your benefit amount at your normal retirement age and the third was the amount you will receive if you work […]
« Archive for the ‘Retirement’ Category
Deciding Whether to Take Early Social Security?
Posted by Mark Cussen
April 27, 2008 01:43 PM
April 27, 2008 01:43 PM
Rolling Your Qualified Plan into an IRA
Posted by Mark Cussen
April 27, 2008 01:33 PM
April 27, 2008 01:33 PM
Although the IRS has allowed for tax-free rollovers from one IRA to another or from a qualified plan to an IRA for years, the Economic Growth and Tax Relief Reconciliation Act of 2001 added a new provision: a direct rollover from a self-directed IRA into a qualified plan. This new directive has created several opportunities […]
Choosing a Financial Planner Is A Matter of Trust
Posted by Mark Cussen
March 31, 2008 11:30 PM
March 31, 2008 11:30 PM
When asked what the most important factor is when choosing a financial planner, the majority of those who responded listed trust as the overriding characteristic. But how do you judge trustworthiness? Some financial service firms might present their experience and assets under management to convey their commitment to building trust with potential clients. But long […]
You’ve Reached Age 70 ½. Can You Still Contribute to an IRA?
Posted by Mark Cussen
March 31, 2008 11:24 PM
March 31, 2008 11:24 PM
Many clients who are over age 70½ ask us if they can still make contributions to their Individual Retirement Accounts (IRAs) — and if so, what the maximum amount they can deposit is. The answer depends upon your individual situation.
Is a Roth IRA Right for You?
Posted by Johns WuFebruary 1, 2008 01:06 PM
If you’re looking for a sound long-term investment, then you’ve come to the right place. Below, I’ve listed a number of key points as to why a Roth IRA might be for you.
Earnings are Completely Tax Free
A Roth IRA offers something that no other other retirement plan offers, the ability to withdraw your earnings free […]
How to Open a Roth IRA
Posted by Johns WuSeptember 26, 2007 08:02 PM
Pensions today are not always what they seem to be and often you can save for years, only to find that you have not been saving enough. There are options available to you however, and one of them is a Roth IRA.
IRA stands for Individual Retirement Account and it basically allows you to save tax-free. […]
Short Term IRA (Invesment Retirement Accounts)
Posted by Johns WuFebruary 9, 2007 01:07 AM
Acronym for “Savings Incentive Matching Plan for Employees - Individual Retirement Annuities.” It is an employer-provided salary-reduction retirement plan that small employers are qualified to offer to their employees. In this system, the employer matches the contribution of the employee within 3% of the compensation. The employer may also choose to pay a contribution of […]