Retirement Watch Weekly
The Foundations Of A Great Estate Plan
Everyone needs an estate plan, no matter how much or how little money is involved. For example, you need an estate plan even if you don’t expect to owe taxes on the estate. It is more important to decide who should receive the wealth, how much each should receive and when and how the wealth […]
Bob’s Journal for 7/15/21
Some Notable Events That Grabbed My Attention This Week I recently had the pleasure of being the guest of Stan Haithcock (Stan the Annuity Man) on his podcast “Fun with Annuities.” We discussed tax and retirement legislation being considered in Congress, Social Security, digital currencies, a bit about annuities, of course, and more. You can […]
How to Use a FLIP Trust for 2 Key Retirement Planning Goals
Many people wish to save income taxes today, and create a stream of retirement income in the future. The FLIP trust, especially the FLIP-CRUT (charitable remainder unitrust), is a venerable way to accomplish both goals. The FLIP-CRUT strategy begins with a charitable remainder trust (CRT). An individual (known as the grantor) executes a trust agreement […]
How Much Is the Required Minimum Distribution?
The required minimum distribution from a qualified retirement plan varies from year to year. The amount depends on the age of the account owner or beneficiary and the account balance. What Is the Required Minimum Distribution? The required minimum distribution (RMD) rules limit the extent to which an individual can use the tax deferral of […]
Who Will Change My Light Bulbs? New Ways to Plan for Long-Term Care
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 7/8/21
Threats to Earnings and Profit Margins Increase Profit margins have been at historic highs in recent years, and stocks are priced with the expectation those margins will continue and perhaps increase. Investors should examine the threats to those margins. For example, representatives from 130 countries agreed on July 1 to impose a 15% minimum corporate […]
The Overlooked ‘Triple Tax-Saving’ Estate Planning Tactic
Estate Planning advisors agree that one of the most underused estate planning strategies is the charitable remainder trust (CRT). That might change. New trends are making CRTs more attractive for estate planning. Taxpayers with appreciated property should take a fresh look at CRTs as part of their retirement and estate planning strategies. In a CRT, […]
Bob’s Journal for 7/1/21
New Regulation Means Less Financial Advice for Individuals The Department of Labor’s “fiduciary rule” apparently is causing a number of registered investment advisors to decline to give clients advice on what to do with their retirement accounts. The Department of Labor regulates qualified retirement plans. Over the years, rules covering financial professionals who give advice […]
