An Overlooked Retirement Plan – And Getting Aggressive With Your Taxes

2019-05-24 14_04_41-Book, coffee cup, cup and pen _ HD photo by Kelly Sikkema (@kellysikkema) on Uns“Let me put it this way: you wouldn’t not take your mortgage interest deduction because… you didn’t feel like it? Or it was hard?” points out the author of today’s article. And yet a surprisingly large number of Americans are not taking advantage of major tax breaks available to them – including what the author refers to as “The one retirement plan that goes completely overlooked”. For more on how to become more tax aggressive, CLICK HERE.

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How To Avoid Having Your Retirement Devastated By The “Tax Time Bomb”

2019-03-30 21_11_49-Eventually everything hits the bottom... _ HD photo by Aron Visuals (@aronvisualIt’s an unwelcome surprise for many retirees: having to pay more taxes in retirement than when they were working. In fact, one financial security expert cited in today’s article warns that “tax-deferred retirement accounts such as a 401(k), IRA, or 403(b) can be like sitting on a tax time bomb”. What are the two main reasons Americans are paying higher taxes in retirement than when they were working, why is the tax burden on retirees likely to only worsen from here, and what’s one strategy that can help avoid the tax time bomb? CLICK HERE.

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Smart Investing For Your Retirement Accounts

2018-11-25 19_45_46-10+ Interesting Account Photos · Pexels · Free Stock PhotosHow should you invest your retirement accounts? With IRAs holding about $9 trillion and 401(k)s holding about $5 trillion, that is the critical question that today’s article tackles. In seeking to answer it, the author highlights the importance of intrinsic stock value, reinvested dividends (and tax deferral), diversification – and Warren Buffett. For more on investing your retirement accounts, CLICK HERE.

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Retirees’ Guide To Fourth Quarter Dos & Deadlines

2018-10-07 19_51_23-30+ Interesting Deadline Photos · Pexels · Free Stock PhotosThe author of today’s article notes that, while “most retirees can sail through the first nine months of each year without a lot of financial to-dos that carry hard-and-fast deadlines…once the fourth quarter kicks off, the calendar gets a little fuller and financial deadlines come up fast and furiously.” As such, she proceeds to outline the key fourth-quarter dates that retirees need to stay on top of – relating to Medicare enrollment, required minimum distributions, IRA conversions and more. CLICK HERE.

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How To Avoid The Game Of Chance – And Retire For Real

2018-09-13 19_07_18-40+ Engaging Dice Photos · Pexels · Free Stock PhotosWhen it comes to 401(k)s and IRAs, the author of today’s article argues that “Gambling away your retirement funds in a government-sponsored game of chance is a game you have little hope of winning.” Instead, he asserts that if you want to retire for real (and early), the key is attaining financial freedom – which requires focusing on cash flow rather than capital gains. For more – including the opportunity the author sees in a coming depression – CLICK HERE.

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What To Do If You’ve Left Your 401(k) An Orphan

2017-05-21 19_33_47-Three Gold Bars Against Dark Background · Free Stock PhotoAccording to the Bipartisan Policy Center, there are approximately 25 million orphaned retirement accounts – i.e. accounts left with former employers – in existence today. If one (or more) of these accounts belongs to you, what’s the best way of handling these abandoned funds? Today’s article looks at the pros and cons of three options – keeping the 401(k) with the former employer, rolling it over to an IRA, or rolling it over to a current employer’s plan. To read more, CLICK HERE.

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“Cost Matters”: Are These Low Expense Ratio Funds The Best For Your Retirement Accounts?

2017-03-25 14_33_40-Free stock photo of account, atm, bankIn this case a race to the bottom is a good thing: In an effort to attract new customers and increase market share in an extremely competitive business, mutual fund companies are battling it out for who can offer the lowest-cost ETF – and the resultant rock-bottom fees are great news for retirement savers. The author of today’s article highlights some of the cheapest funds available and provides advice on how to use them effectively in a portfolio. To read more, CLICK HERE.

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