by Marvin Bales | Jan 5, 2020 | General, IRA, Retirement, Taxes
Perhaps both traditional and Roth IRAs can play a part in your retirement plans. IRAs can be an important tool in your retirement savings belt, and whichever you choose to open could have a significant impact on how those accounts might grow. IRAs, or Individual...
by Marvin Bales | Dec 14, 2019 | Charitable giving, IRA, Retirement
Follow the rules, and you might get a big federal tax break. Is your annual IRA withdrawal a bother? If you are an affluent retiree, that might be the case. The income is always nice, but the taxes that come with it? Not so much. If only you could satisfy your yearly...
by Marvin Bales | Nov 25, 2019 | Retirement, Taxes
Are you aware of them? The federal government offers some major tax breaks for older Americans. Some of these perks deserve more publicity than they receive. If you are 65 or older, your standard deduction is $1,300 larger. Make that $1,600 if you are...
by Marvin Bales | Aug 20, 2019 | Estate planning, General, Retirement
Now is the time to explore the possibilities. Grandparents Day provides a reminder of the bond between grandparents and grandchildren and the importance of family legacies. A family legacy can have multiple aspects. It can include much more than heirlooms and...
by Marvin Bales | Jul 22, 2019 | General, Investing, Retirement
A look at how variable rates of return do (and do not) impact investors over time. What exactly is the “sequence of returns”? The phrase simply describes the yearly variation in an investment portfolio’s rate of return. Across 20 or 30 years of saving and investing...
by Marvin Bales | Jun 15, 2019 | Estate planning, General, Life Insurance, Long-Term Care, Retirement
Are they worthwhile alternatives to traditional LTC policies? The price of long-term care insurance has really gone up. If you are a baby boomer and you have kept your eye on it for a few years, chances are you have noticed this. Last year, the American Association...
