If you’re over the age of 70 or approaching your 70th birthday soon, you’re likely aware of the “birthday gift” you’ll receive from the IRS – your required minimum distribution (RMD). In most cases, once you turn 70 ½, you…
Understanding RMD Rules May Be the Best Present You Give Yourself This Year If you or someone you know is turning 70 ½ in 2017, get ready to start taking money out of IRAs and qualified retirement plan accounts. In…
2016 is an important year. We recently concluded the Olympic games in Brazil, the presidential election is coming up, and the oldest Baby Boomers are turning 70 ½! What’s so important about turning 70 ½? Once you turn 70 ½,…
St. Patrick’s Day is right around the corner and while the holiday can be cause for celebration, it can also be a good reason to reflect on your personal pot of gold – that is, your retirement funds – and…
This statistic may sound alarming, but you don’t have to be part of it. Making small daily changes can help you grow your savings and avoid being in this group – learn more about how to get started here or…
Millions of Americans are worried about running out of money in retirement. Are you one of them? According to a recent survey, 23% of Americans say that outliving their nest egg is their biggest retirement concern.1 This stress is certainly…
Whether or not you’ve always been prudent about saving for retirement, have you started thinking about how you’ll manage your money once you get there? It can be just as important, if not more so. After all, it is impossible…
Biggest fear of most retirees? Outliving their retirement nest egg. And with these stats, it’s easy to see why: Just 16% of workers have prepared a formal, written plan for retirement. Twenty-eight percent have less than $1,000 in savings. Only…
Picture this: You worked hard your entire life, saving diligently for retirement. At 65, you were living the dream. At 75, you enjoyed a comfortable – if not luxurious – lifestyle. But at age 85, you seemed to inexplicably run…
There’s a two-headed monster trying to sink two sets of teeth into the retirement accounts of unsuspecting investors. In this “based on a true story” horror flick, one head gnaws on account balances by way of huge penalties for missed…
