Tag: IRA
Retirement Accounts: Trusts as Beneficiaries
I hope you’ve enjoyed the holidays. As we ring in the New Year and start our client review cycle, one of the things that we do for our clients is to review the beneficiary designations of their retirement accounts (pensions, IRAs, etc.). This is important because the beneficiary designations that you elect control who gets […]
Retirement Accounts: Distribution Rules
With the year-end approaching, an important deadline for retirement account owners is also coming, so this column will deal with some of the rules surrounding IRAs and distributions. A significant caveat applies here: the rules can be very complex and people have literally written books on the topic. So I won’t be able to cover […]
So You’re Thinking About Retirement
The old “rule of thumb” for retirement is that you will need about 70 percent of your pre-retirement income during retirement. This may be true for some folks, but generally we’re seeing new retirees spend 100 percent or more of their pre-retirement income during retirement. A key reason for this is that people who retire […]
