by Craig Moser on January 12, 2018
For those boomers born between July 1, 1946 and June 30, 1947, you turned 70 ½ in 2017. That means you need to take your first required minimum distribution (RMD) from your IRA and other “Pre-Tax” accounts. Here are the […]
Continue Readingby Craig Moser on January 5, 2018
The U.S. government has made the promise of social security and medicare to its citizens. So, what is a promise? It’s “an express assurance on which expectation is based.” One party offers an assurance, which the other converts into an […]
Continue Readingby Craig Moser on December 29, 2017
IRAs in divorce situations are often complex. And while most of us don’t want to consider divorce, it does happen. Your legal separation agreement or divorce decree provides details on splitting any IRAs, so here are some things you need […]
Continue Readingby Craig Moser on December 22, 2017
How your inherited IRA is taxed depends on the type of IRA you inherit. Tax consequences are different for traditional and Roth IRAs. Consider the following example. Let’s say Chris named his three children as beneficiaries of his three-million-dollar traditional IRA. […]
Continue Readingby Craig Moser on December 15, 2017
Have you ever wondered how the U.S. dollar impacts various markets? To answer that question, we need to look at the Federal Open Market Committee (FOMC). A branch of the Federal Reserve Board, this committee of five sets the direction […]
Continue Readingby Craig Moser on December 8, 2017
Fixed Index Annuities (FIAs) are a contract between you and an insurance company. They may help you reach your long-term financial goals. In exchange for your premium payment, the insurance company provides income. Income begins immediately or at some time […]
Continue Readingby Craig Moser on December 1, 2017
The “I” in IRA stands for individual. Many times it’s up to you to know things or keep track of information. So, to help you stay on track with your IRA, here are 7 things IRA custodians don’t do for you. […]
Continue Readingby Craig Moser on November 24, 2017
Your spouse passed, and you find you become the spouse beneficiary of an IRA. The IRA custodian automatically retitles the account as an inherited IRA. Besides, wouldn’t they do what’s best for you? Should you leave it that way, or […]
Continue Readingby Craig Moser on November 17, 2017
Have you ever wondered how the IRS receives all that financial information? The short answer is forms. Lots and lots of IRS forms! According to Reference.com, the IRS website contained 896 different tax forms in 2015. And while the data […]
Continue Readingby Craig Moser on November 10, 2017
1. General Rule As a general rule, your prior year’s RMD year-end account balance is used to calculate your required minimum distributions. For example, if you are calculating an RMD for 2017 you would use the 2016 year-end account balance. […]
Continue ReadingKickstart your retirement plan by requesting our complimentary MORE toolkit today.
Here's what you'll get:
Customized Social Security Benefit Summary
to help maximize the payments you are entitled to
Financial Organizer
to summarize all aspects of your financial affairs
Portfolio Evaluation
showing how your investments have performed historically and the fees that you are paying
