Category

Estate Planning

The Stretch IRA may soon be extinct if a proposed bill is signed into law.

Will the Stretch IRA be Extinct Soon?

By | Estate Planning, Inherited IRA, IRA, Stretch IRA | No Comments

A popular estate planning strategy utilized by affluent investors may soon be disappearing.    This past September, the Retirement Enhancement and Savings Act of 2016 passed in the Senate Finance Committee.  If signed into law in the future, this bill would kill the popular stretch IRA strategy that allows investors to pass along large IRA accounts to their children and grandchildren….

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Updating Retirement Account Beneficiaries

The Importance of Updating Retirement Account Beneficiaries

By | Beneficiary Designations, Estate Planning, Retirement Planning | No Comments

We all know the importance of saving for retirement, whether we are decades from retirement or currently enjoying the rewards of a lifetime of diligently putting money aside for retirement.   For many of us we focus most of our attention on ensuring that we have the right asset allocation for our retirement accounts, or maximizing the contribution amounts so that…

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Budget Proposal

President’s Budget Proposal Contains Some Game-Changing Provisions

By | Estate Planning, Financial Planning, IRA, News and Events | No Comments

In early February President Obama submitted his annual budget request to Congress.  Congress will then consider the President’s requests when developing its own budget resolution.  As he has done in years past, the President has included some provisions in his budget proposal that could significantly change some retirement strategies and financial plans.   It is always important to know what is…

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