Retirement Watch Weekly
Plan Today for Changes in Estate and Gift Taxes
Hesitate to revise or create your estate plan this year and you’re likely to regret it in a few years. The environment for estate tax planning is unlikely ever to be more attractive than it is now, as I’ve said before. The estate tax exempt amount is scheduled to be slashed in half after 2025 […]
Social Security Continues to Underpay Beneficiaries
There is more evidence that you can’t depend on the Social Security Administration (SSA) to give good advice or ensure you receive all the benefits the law allows. The latest evidence for this comes from the SSA itself, through two audit reports from its Office of Inspector General (OIG). One audit report focused on Social […]
Year-End 2020 Planning: Unique Tax Strategies for a Unique Year
2020 was a special year, unlike anything we have never seen. As it draws to a close, it will require some unique year-end tax planning. With the new administration set to take office in less than two months, taxes are likely to increase soon. The only issues are when they’ll increase and who will bear […]
The Unfolding Post-Pandemic Economy: Investment and Economic Review
In my new Retirement Watch Spotlight Series, I’ll share my newest breakthrough strategies for protecting your assets and growing your portfolio, including how to prepare for the next market downturn. Click here now to learn more. […]
Bob’s Journal for 12/10/20
How Social Security’s ‘Hold Harmless’ Rule Protects Beneficiaries A number of joint Social Security and Medicare beneficiaries are learning the importance of Social Security’s “hold harmless” rule. The rule protects Social Security beneficiaries from having their net benefits reduced by an increase in their Medicare Part B premiums. It applies only to Social Security beneficiaries […]
The ‘Look-Through’ Strategy: Making a Living Trust the Beneficiary of Your IRA
There are only a few instances your heirs aren’t penalized when you name a trust as the beneficiary of your IRA. A recent IRS ruling gives an example, but the ruling also reveals the pitfalls of the strategy. The general rule goes like this… When an IRA beneficiary is not an individual, the IRA must […]
Guide to Wills: The Definitive Guide to Your Last Will and Testament
Guide to Wills: The Definitive Guide to Your Last Will and Testament addresses one of the most important documents for guarding wealth, providing for loved ones, and achieving other goals. Regardless of the size of an estate, the will is a critical part of an estate plan. It guides the distribution of assets […]
Bob’s Journal for 12/3/20
****************************************************************** Publisher’s Note: Are you looking for a great holiday gift? We were going through some areas of our office and found a box of beautiful Rose Pendants that were widely popular a few years ago. These are 24K gold and pure silver — a hard combination to find in any jewelry store. Click here now […]
