Retirement Watch Weekly
Should You Roll Over Your 401(k)? The Answer Might Be Changing
For many years, the best action to take with a 401(k) account when leaving an employer was to roll over the account to an IRA. Most people followed that advice. The rollover has been the most frequent IRA transaction, and rollover contributions exceed regular contributions by a significant amount. But the situation has been changing. […]
Prepare Now for the 2026 Cliff, a.k.a. Tax Armageddon
Shrewd people are taking time now to consider the actions they should take in the rest of 2024 and 2025 to avoid falling off the tax cliff. The 2026 Cliff, or Tax Armageddon as some prefer, is the scheduled reduction of the current lifetime estate and gift tax exemption. The exemption was doubled in 2017’s […]
Bob’s Journal for 10/31
Choose Your Medicare Open Enrollment Guide Carefully It’s Medicare Open Enrollment Period. As I’ve advised several times, Open Enrollment this year is unusually important because of significant changes in Medicare Advantage and Part D prescription drug plans. Medicare is complicated, and most people have numerous options. So, it’s important to seek help in evaluating the […]
Bob’s Journal
October 24, 2024 Some Notable Events That Grabbed My Attention This Week Gold Miner Stocks Join the Gold Rally Gold set a series of record price highs in 2024, and my recommended portfolios have been along for the ride. But, as I pointed out in the Aug. 29 Bob’s Journal, stocks of gold mining companies […]
Bob’s Journal for 10/17
Social Security Inflation Adjustments for 2025 Are Set The Social Security Administration (SSA) last week released the cost-of-living adjustments (COLAs) for 2025, based on the Consumer Price Index through September. In January 2025, benefits payable to Social Security beneficiaries will increase 2.5%. The SSA estimates this will increase the average benefit by $50 per month. […]
Close A Major Estate Planning Gap: Questions Your Spouse and Adult Children Must Be Able to Answer
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 10/10
Medicare Advantage Plan Cutbacks for 2025 Become Clearer; Latest Policy Change Deals Another Blow Medicare Open Enrollment begins Oct. 15 and will fully reveal how much plans and their pricing will change for 2025. Preliminary data from the Centers for Medicare and Medicaid (CMS) give us an early indication of how significant the changes will […]
Bob’s Journal for 10/3
The Big Moves in China Many investors have been fixated on China for the last week or so, and with good reason. Significant stimulus moves by the government had direct and substantial effects on the markets. China’s Shanghai CSI 300 Index went from a 52-week low to a 52-week high in less than two weeks. […]
