Retirement
Roth IRAs offer Tax and Estate Planning Advantages
Roth IRAs are a great tax saving vehicle. The reason: Investments held in a Roth IRA are allowed to build up federal-income-tax-free….
Roth Conversions – Just Because You Can Doesn’t Mean You Should
Some financial advisors are warning against a Rush to Roth. The key to is to approach the idea cautiously and do a…
The Estate Tax Will Die Soon
Just a few days left until the estate tax expires (although for one year only), and retroactive action in 2010 is likely. True…
Most of us will be too poor to retire at 65
According to the National Retirement Risk Index prepared by the Center for Retirement Research at Boston College, 51% of American will not be able to…
Obama’s Budget Proposal – Automatic IRAs
From my CPA colleagues at Virchow, Krause & Company – a summary of the proposals to help expand retirement savings….
Required Minimum Distributions to be Suspended?
This update is courtesy of Barry C. Picker, CPA: It looks as if Congress has passed, and sent to Pres. Bush, H.R….
Durham, NC Tops for Retirement
Black Enterprise magazine has named Durham as the best place to retire. Factors considered were quality on life, health care, taxes, leisure, arts…
SSA Has New Retirement Calculator
The Social Security Administration has a new calculator on its website called the Retirement Estimator. It allows one to estimate benefits based…
IRS Allows Roth Conversions for Inherited Retirement Plans
In an unexpected announcement (Notice 2008-30), the IRS has stated that it will allow non-spouse beneficiaries of qualified plans (such as a…
Retiring? This Study May Make You Think Twice!
A Greek study reported this month in the American Journal of Epidemiology found that retired persons had a greater death rate than employed persons…
