Retirement Watch Weekly
Heirs and Beneficiaries – Why Traditional Estate Plans Won’t Work for Modern Families
The make-up of the modern family has changed quite a bit over the years. Therefore, traditional estate plans won’t work well for many families these days. A traditional plan is for couples who are in their first and only marriage and have only kids from that marriage. Different plans, tools, and strategies might be needed […]
The Best IRA Planning Ideas After the SECURE Act
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 7/9/20
Some Notable Events That Grabbed My Attention This Week The Wealthy Cut Their Spending There was a lot of interesting information below the headlines of the recent reports on income and spending. The stimulus programs Congress enacted beginning in March were designed to replace income that households and businesses lost due to stay-at-home policies. The […]
Bob’s Journal for 7/2/20
Some Notable Events That Grabbed My Attention This Week I’ve been saying it for a while, but other analysts are coming around to my view of the economy. Investors and analysts have been trying to predict which letter of the alphabet the economic recovery from the pandemic will most resemble. Initial predictions were for a […]
What is an Ordinary Annuity and How Does it Work?
Definition of an Ordinary Annuity An ordinary annuity is a series of equal payments that are made at the end of each consecutive interval period for a specific length of time. In other words, the annuitant receives payouts at the end of each month, the end of each quarter, or the end of another specific […]
What is a Fixed Annuity and How Does it Work?
Definition of a Fixed Annuity Under a fixed annuity contract, also known as a fixed deferred annuity, the annuity owner makes a deposit with the insurance company and the insurance company guarantees the annuity account will be credited with interest at a specified, guaranteed interest rate. The interest credited to a fixed annuity account is […]
What Are the Different Types of Annuities?
What are the Different Types of Annuities? When deciding to purchase an annuity, it is important to understand the various options that you can choose from to ensure the type of annuity is the best one for you. Different annuity options can be organized into two categories. In other words, you have two choices […]
Bob’s Journal for 6/25/20
Some Notable Events That Grabbed My Attention This Week IRS Expands RMD Waiver The IRS provided some big tax breaks for those who took required minimum distributions (RMDs) early this year and also for people who took RMDs from inherited IRAs. The much-awaited detailed guidance explains how RMDs are affected by the Coronavirus Aid, Relief […]
