Retirement Watch Weekly
How to Identify States That Really Are Retiree Tax Havens
Lower state and local taxes are major motivations for many Americans who move to different states. But some of them will be surprised because they didn’t fully analyze the state taxes. Taxes are one of the largest retirement expenses, especially when all types of federal, state and local taxes are added. Before moving, consider all […]
Know When an IRA Conversion Is Most Likely to Pay Off
Near the end of the year, many people consider whether to convert a traditional IRA to a Roth IRA. IRA owners should look through- out the year for good opportunities to convert all or part of an IRA, but interest seems to increase at year’s end. Many variables determine whether a conversion will pay off […]
Eight Beneficiary Designation Mistakes to Avoid
Beneficiary designation mistakes are among the most frequent causes of estate and retirement plan problems, yet they are easy to avoid. The beneficiary designation, not your will or living trust, decides who inher- its retirement plans, such as IRAs and 401(k)s, and some other assets. Too of- ten, someone has a well-written will and living […]
Estate, Gift and Income Tax Amounts Increase for 2023
The IRS announced the annual inflation increases for various tax provisions that take effect January 1, 2023. The lifetime estate and gift tax exemp- tion increases to $12.92 million (from $11.7 million). A couple can jointly exclude $25.84 million. Gifts of up to $17,000 can be made to any person without being included in 2023’s […]
Two Final Touches to Secure Your Legacy
Many estate plans, even the better estate plans drafted by solid attorneys, lack two essential elements. The absence of these features makes life more difficult than it needs to be for loved ones. I’ve seen many cases of the negative effects of these oversights and was saddened to realize how easily they could have been […]
Bob’s Journal for 12/1/22
Some Notable Events That Grabbed My Attention This Week This week, I received, fresh from the printer, copies of my new book, “Retirement Watch: The Essential Guide to Retiring in the 2020s.” You can make a pre-publication order or learn more about the book by clicking here and here, respectively. In this week’s subscriber-only teleconference, […]
“The Coming Retirement Squeeze” Conference Call
Welcome to my subscriber-only conference call: The Coming Retirement Squeeze. Click on the image below to listen to the conference call. Click Here Now to Learn More About the Lifetime Retirement Protection Program
“The Coming Retirement Squeeze” Conference Call
Welcome to my subscriber-only conference call: The Coming Retirement Squeeze. Click on the image below to listen to the conference call. Click Here Now to Learn More About the Lifetime Retirement Protection Program
