401(k) Catch-Up Contribution Limits to Rise in 2025: Key Updates
Workers aged 60 to 63 will be able to save an extra $10,000 per year in their 401(k), offering a powerful opportunity to boost retirement savings. This could be a game-changer for those nearing retirement. Here’s what you should know.
PODCAST: Don’t Fight the Fed
In this episode, Jerry Robinson breaks down the impact of the Federal Reserve’s latest rate cut and how it could shape the future of key asset classes. Plus, special guest Barry James Dyke discusses his new book “The Retirement Ruse,” offering insights for protecting your financial future.
PODCAST: Smart Retirement Income Strategies
Many retirees fear outliving their money, but in this episode, Jerry Robinson tackles smart strategies to secure your financial future. Join us as we explore methods for maximizing Social Security, choosing income-producing investments, leveraging annuities, and more to ensure you never run out of money.
VIDEO: The Power of Roth IRA Investing
Discover the power of Roth IRA investing, where tax-free growth and compounding gains can significantly boost your long-term wealth. Plus, we help you navigate today’s markets in this members-only webcast.
READER QUESTION: What is a 770 Account and How Does It Work?
A reader asks: “What is a 770 Account and How Does It Work?” Here’s our answer…
Should I Buy Whole Life Insurance or an Annuity For My Grandchildren?
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If your goal is to accumulate money for a grandchild (or a child), both options are good, but let’s look at the pros and cons of each strategy.
A Unique Strategy To Give To Your Heirs And To Charity
A common estate planning dilemma is deciding whether to leave your assets to charity, to your heirs, or both.
Make Smart Decisions with Your Pension Plan
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“Should I choose a single life annuity payout from my pension or a joint and survivor annuity payout, which will make payments to my spouse when I die?”
Is Estate Planning Only for the Rich?
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Estate planning allows you or anyone to implement certain tools now to ensure that your concerns and goals are fulfilled after you die.
How to Reduce (or Eliminate) the Taxes on your Social Security Income
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To reduce or eliminate the taxes on your social security income, you first need to understand the term “Reportable Income”. This is the total of all your incomes that is required to be reported to the IRS on your tax form.
Retirement Minute: Three Tax Planning Tips for 2012
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Here’s three tips to reduce your taxes in 2012. Now that October has arrived, I would like to challenge you to take this month and start planning for how you are going to reduce your taxes in year 2012. Your CPA can be a good source to help you with this planning by suggesting different tax benefits that you can implement.
Gen Y’s $2 Million Retirement Price Tag
Retirement won’t be impossible for Generations X and Y, but they will need to save considerably more than the baby boomers to make up for less employer and government help.
A Roth 401(k) may be in your future
When it comes to choosing the best place to stash your retirement savings, the answer, at least in part, depends on your likely tax situation once you stop working.