How To Choose Between The Various IRA Investment Options

18 December 2017
 Categories: , Blog

Much of the published information about individual retirement accounts revolves around who is eligible to fund an account. A lesser amount of advice is provided about the IRA investment options that are available. As a result, individuals eligible to fund an IRA must sort through the many investment possibilities before deciding which option is most suitable. If you are eligible to fund an IRA, you can invest up to $5,500 per year on a tax-deferred basis. Read More 

Three Ways A Reverse Mortgage Can Be Advantageous In Your Retirement

10 November 2017
 Categories: , Blog

If you have equity in your home and are nearing retirement or if you are already retired, you may want to consider the advantages of reverse mortgages. Essentially, a reverse mortgage is a loan, but the loan is not paid back until after you die, when the home is sold. There are many ways that this can help you after you retire. You are able to tap into the equity of your home without moving Read More 

Optimizing The Saver’s Tax Credit With A Traditional IRA

19 July 2017
 Categories: , Blog

Tax filers who participate in a company-sponsored retirement plan are sometimes surprised to learn that they are eligible for an extra tax credit. The tax credit is in addition to the regular tax-deferral benefits of a retirement plan. Other working individuals who are not in a company retirement plan may also receive the additional tax credit if they contribute to an individual retirement account. The tax credit is officially known as the " Read More 

3 Ideas About What To Do With Your 401K When You Have Retired

17 February 2017
 Categories: , Blog

If you are planning on retiring this year, then it is important to decide what you are going to do with your 401k account. It's a big decision since this will be the money which you use to survive. It will help supplement your Social Security income, which might not be enough to cover your bills. However, you need to choose what to do with your 401k funds. Here are three ideas to consider. Read More 

Things You Need To Consider Before Meeting With Your Financial Planner

19 September 2016
 Categories: , Blog

The first thing you need to learn about managing your money correctly is the importance of setting financial goals for yourself. If you don't know what it is you're trying to achieve, your financial planner will have a hard time determining what to do with your money. For example, if your number one goal is purchasing a home in the next few years, investing your money in stocks, bonds, and annuities might not be your best option. Read More