One of the basics when considering how to fund your retirement is to be as tax-efficient with your income as possible.
retirement planning
Give Your Children the Financial Education They Need
Do your children know enough about managing debt, saving for college, or planning for retirement? Here are a few financial tips to pass along.
How to Have a Comfortable Retirement
If you’re age 35 or more and haven’t made a serious effort to plan for retirement, you need to start planning now for a comfortable retirement
Retirement Account Funding after Retirement
Can you continue to fund your retirement account after you reach the age of 70 ½ (6 calendar months after you reach your 70th birthday)?
Roll it Before You Pull it
While each retirement plan has similar early withdrawal penalty exemptions, they are not all alike. Knowing these subtle differences within 401(k) plans can help you avoid a 10 percent tax penalty if you take money out of the plan prior to reaching age 59 1/2. This is true because a basic rollover of funds into […]
Forced to Withdraw from Retirement Accounts?! What you need to know
Retirement Accounts – Did you know the government forces us to take money out of those accounts once we reach retirement? It’s called the required minimum distribution (RMD) rule. Here are some tips you should know about RMDs well before you reach retirement age.