Social Security Retirement Benefits Part 2

By |2019-11-05T09:20:18-06:00November 5th, 2019|Retirement, Social Security|

Social Security was originally intended to provide older Americans with continuing income after retirement. Today, though the scope of Social Security has been widened to include survivor, disability, and other benefits, retirement benefits are still the cornerstone of the program. Delaying retirement will increase your benefit For each month that you delay receiving Social Security retirement benefits past your full [...]

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Understanding IRAs Part 2

By |2019-10-15T09:55:09-06:00October 22nd, 2019|Retirement|

An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits. IRAs are one of the most powerful retirement savings tools available to you. Even if you’re contributing to a 401(k) or other plan at work, you might also consider investing in an IRA. What types of IRAs are available? The two major types of IRAs [...]

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Understanding IRAs Part 1

By |2019-10-08T20:38:41-06:00October 1st, 2019|Retirement|

An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits. IRAs are one of the most powerful retirement savings tools available to you. Even if you're contributing to a 401(k) or other plan at work, you might also consider investing in an IRA. What types of IRAs are available? The two major types of IRAs [...]

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Social Security Retirement Benefits

By |2019-10-08T17:08:04-06:00September 10th, 2019|Retirement, Social Security|

Social Security was originally intended to provide older Americans with continuing income after retirement. Today, though the scope of Social Security has been widened to include survivor, disability, and other benefits, retirement benefits are still the cornerstone of the program. How do you qualify for retirement benefits? When you work and pay Social Security taxes (FICA on some pay stubs), [...]

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Top Two Threats to Retirees

By |2019-06-25T19:10:47-06:00June 21st, 2019|Podcasts, Retirement|

As baby boomers retire in droves, what does that mean for those of us still working towards it? This week we brought on Tax Attorney and Author Rebecca Walser to warn of the two biggest threats to wealth and how we can try to combat them. Real Wealth® is an online [...]

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I need money: can I take funds from my IRA?

By |2019-06-05T08:51:22-06:00May 21st, 2019|Retirement, Taxes|

Yes, but the taxable portion of your distribution may be subject to a 10 percent penalty for early withdrawal if you're not yet age 59½. If you are 59½ or older and take money from your traditional IRA, you will not be assessed a penalty, though you may still have to pay income tax on all or part of the [...]

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Annuities and Retirement Planning Part 2

By |2019-06-05T08:44:02-06:00May 7th, 2019|Retirement|

You may have heard that IRAs and employer-sponsored plans (e.g., 401(k)s) are the best ways to invest for retirement. That's true for many people, but what if you've maxed out your contributions to those accounts and want to save more? An annuity may be a good investment to look into. Consider the pros and cons An annuity can often be [...]

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Life Insurance at Various Life Stages Part 2

By |2019-04-10T18:02:04-06:00April 2nd, 2019|Insurance, Marriage, Planning, Retirement|

Your need for life insurance changes as your life changes. When you're young, you typically have less need for life insurance, but that changes as you take on more responsibility and your family grows. Then, as your responsibilities once again begin to diminish, your need for life insurance may decrease. Let's look at how your life insurance needs change throughout [...]

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How to Enhance the Value of Your Business Pt. 3

By |2019-02-24T20:30:24-06:00March 29th, 2019|Planning, Podcasts, Retirement, Small Business|

Did you know that for 64% of business owners, the company is the primary source of income to support them? Make sure you’re ready to transition out of your business by joining us for this week’s third and final episode with Financial Professional Scott Bushkie! Real Wealth® is an online radio [...]

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How to Enhance the Value of Your Business Pt. 2

By |2019-02-24T20:27:06-06:00March 22nd, 2019|Planning, Podcasts, Retirement, Small Business|

Here’s something to think about: typically, 60 – 100% of your business’ worth will be used for your retirement. Will you be able to live off of the current value of your business, or does that sentence make you nervous? Scott Bushkie returns this week to continue the conversation of how to enhance the value of your business. [...]

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