Category Archives: Qualified/Retirement

How to Retire Wealthy

This is a Guest Post by Fellow Yakezie Member, Derrick from Life and My Finances. Personally, I love the name of this website, “My Journey to Millions”. Perhaps some of you think it’s egotistical to proclaim that you’ll be a millionaire, but I’d have to say that you’re dead wrong. We should all be on

Social Security Gets Rid of the Pay Back Option

Social Security Gets Rid of the Pay Back Option

Despite my hatred for Social Security it will continue to be an important part of most retirees world and way back in 2009 I discussed a social security planning opportunity that has recently been taken away by the Social Security Administration. I was shocked to discover that before December 2010 you were actually able to

Required Minimum Distributions in 2010

Required Minimum Distributions in 2010

As part of the economic recovery the federal government suspended required minimum distributions in 2009, but RMDs are back for tax year 2010 and forward so a Required Minimum Distribution primer is definitely needed.  While there are actions you can take if you forget your RMD it is much easier to be proactive and actually take your RMD!