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Blog > Archive by tag 'RMDs'

WSJ Follows up on Suspended Required Minimum Distrubtion for 2009

required-minimum-distribution

I briefly mentioned in my Article about Missing RMDs (Required Minimum Distributions) that RMDs were actually suspended for tax year 2009 (but remember not 2008!).  Well, today I found a great Q&A/Follow up on the Wall Street Journal Personal Finance Section website. It is appropriately titled “Details on the New IRA Rule” and was written

Continue reading WSJ Follows up on Suspended Required Minimum Distrubtion for 2009

January 19th, 2009 | Tags: , , , , | Category: Qualified/Retirement | One comment

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

required-minimum-distribution

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?

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 go to the source,

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

January 15th, 2009 | Tags: , , , | Category: Qualified/Retirement | 6 comments

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Advantages of Using a Prepaid Credit Card

There are many benefits to using a prepaid credit card.  A prepaid credit, also known as a secured credit card  is defined by bank rate as a credit card that, “…requires a cash collateral deposit that becomes the credit line for that account.”

Continue reading Why Use a Prepaid Credit Card?