Browsing: Personal Finance

An increasingly popular way to avoid probate and other estate planning issues is the transfer on death or payable on death account. There can be more…

Before converting a traditional IRA to a Roth IRA, residents of states with income taxes should review how their states will treat the transactions. Under federal…

I’ve been the host of The Retirement Answer Man podcast for over ten years now. I try not to overshare my life on the show because…

How do you know it’s time to say, “I am retiring”? Most people don’t get to choose, but for those who do, it may be one…

Fe deral Agency Regulations on Ambiguous Laws No Longer Get Deference A recent Supreme Court case will change the dynamic of key aspects of tax planning,…

A frequent question I hear from people getting ready to enroll in Medicare is: What is the biggest mistake people make? There are too many question…

Falls are now the leading cause of injury and death among older adults (65+) in the U.S. They are the cause of just under 75 deaths…

July is often thought of as a time for home improvement projects, well-deserved vacations and leisurely day trips. In addition to these activities, financial pros say…

Retiring by the beach is a popular dream of many, but while escaping the 9-to-5 grind on a deserted island may seem like a fun idea,…

Today, July 19, 2024, the IRS and Treasury Department released long-awaited final regulations on Required Minimum Distributions. RMDs are mandated yearly withdrawals from IRAs, 401(k)s and…