Dec 7, 2013 | Blog, Estate Planning, Insurance, Life Insurance, News
I’ve reviewed over two dozen life insurance policies this year. Aside from the big problems I currently see in cash value policies, beneficiary designation is important because a mistake can be costly. Perhaps because so much thought, energy, time and money is spent...
Nov 19, 2013 | 401k, Blog, IRA, News, Retirement Planning, Self-Employed, Tax Planning
Don’t Forget Your Contributions If you turned 50 this year you are entitled to a catch up contribution of $5,500 for your 401(k). It is not too late to catch up for 2013. Also, anyone with compensation can contribute to an IRA. It’s the deductibility of the IRA...
Nov 19, 2013 | Blog, Charitable Giving, IRA, Retirement Planning, Tax Planning
Yes, but you need to be over 70-1/2 and do it before the end of the year. If you don’t need the income and have charitable contributions to make, don’t overlook this great way to kill two birds with one stone, called a Qualified Charitable Distribution (QCD). The...
Oct 1, 2013 | 401k, Blog, Fiduciary, News, Retirement Planning, Self-Employed
Avoid problems with your 401k with sage advice from the Oracle – Ary Rosenbaum: http://www.jdsupra.com/legalnews/the-hidden-dangers-for-the-401k-plan-s-26704/ Mr. Employer, follow these effective guidelines: Offer your employees investment education so they can...
Sep 25, 2013 | 401k, Blog, Mutual Funds, News, Wall Street Greed
Stay out of Target Date-Rape Funds folks. The layering of fees is expensive and deceptive. American Chemicals and Equipment is suing Prinicpal over some questionable accounting used to disclose fund fees. Howbout $120 million in “acquired fund fees” for...
