Category Archives: Qualified/Retirement

Setting up a Roth IRA – 4 Easy Steps (part 1)

Setting up a Roth IRA – 4 Easy Steps (part 1)

I haven’t really talked about my investments yet because I am focused on debt reduction right now…that will hopefully change soon.  Notwithstanding my situation, my younger brother had asked me to set up his “retirement account(s).”  He would go crazy if he knew I was writing what I did for him online, but lucky for me

Verify your Retirement Account’s Beneficiary

Verify your Retirement Account’s Beneficiary

The Supreme Court Has Spoken – Verify the beneficiary on your Retirement Account In a recent case the United States Supreme Court has made it clear, YOU BETTER KNOW WHO IS THE BENEFICIARY ON YOUR RETIREMENT ACCOUNT!  The case dated Jan 26, 2009, titled, Kennedy v. Plan Administrator for DuPont Savings and Investment was decided by the Court unanimously

Did you forget your RMD this Year? All may not be Lost

Did you forget your RMD this Year? All may not be Lost

One of the Planner’s asked me an interesting question the other day, What can we do when someone doesn’t take their Required Minimum Distribution? What are Required Minimum Distributions? Before we get into my research, lets start with the question, what are RMDs? Like I have said in the past, when you have a question like this

The IRS Backs Off on Finalized 403(b) Regulations

As I have stated I sometimes do advanced estate and retirement planning so I am not sure how many people will find this information useful, but hell its my blog so I’ll share it anyway!  Specifically, this information is for those people who run or are involved in a small 403(b). Put very very very