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5 Keys of All Retirement Plans

Submitted by Jim Blankenship on Tuesday, January 6, 2015 - 12:00pm

Most of you hold at least one retirement plan. Each type of plan differs subtly from others, but most offer deductibility from current income and deferred taxation on growth. Beyond that, other facts remain true across many of these accounts.

Estate Plan: Roth Conversion?

Submitted by Stephen P. Giulietti on Monday, December 8, 2014 - 12:00pm

Your individual retirement account can constitute one of the richest assets you can leave to heirs. In some circumstances, your heirs benefit if you convert your traditional IRA to a Roth before your death. Whether to convert depends on many of your needs and circumstances.

New Way to Fund a Roth IRA

Submitted by Jim Blankenship on Monday, December 22, 2014 - 12:00pm

As you save for your retirement, it’s nice to have a Roth individual retirement account for tax-free income in the future. With the recent guidance from the Internal Revenue Service, there is a brand new method to fund your Roth IRA.

Roll Job 401(k) to an IRA?

Submitted by Sterling Raskie on Monday, December 15, 2014 - 3:00pm

At some point, almost everyone changes jobs – often leaving behind retirement plans such as 401(k)s. Conventional wisdom holds that you roll that old employer-sponsored plan into a new individual retirement account. But what kind of new IRA?

Best Use for Your IRA

Submitted by Jim Blankenship on Tuesday, December 16, 2014 - 12:00pm

An individual retirement account is a powerful tool to save for retirement outside of an employer plan. If you have an IRA, read on for tips that help you make the most out of it.

2015 Retirement $ Limits

Submitted by Jim Blankenship on Wednesday, December 31, 2014 - 12:00pm

You can contribute only so much to your retirement accounts each year. Knowing how much these amounts increase for the coming year makes good sense as you budget your saving and spending.

Beware of Orphaned Assets

Submitted by Joseph A. Clark on Wednesday, November 12, 2014 - 12:00pm

The investments you lost track of can return to harm you and your family. Seemingly small orphaned assets can have painful effects.

King Solomon famously warned of “the little foxes that spoil the vines.” In a secular moment, he might have written, “It is the little assets that spoil the estate plan.”

Often at our firm, we uncover forgotten assets in a family’s financial portfolio. They may be perched in accounts that they no longer check. However, these neglected assets require attention.

Untangle Retirement Taxes

Submitted by Eric Meermann on Thursday, November 13, 2014 - 12:00pm

When the Internal Revenue Service leaves a situation vague, sometimes you must guess at the answer to a tax question. The IRS recently issued a clear ruling, though, on a powerful contribution strategy that may change how you use your employer’s retirement plan.

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