Individuals who use a 401k to save for retirement must understand how their plan works in order to get the most benefits offered by this type of savings plan. How you manage your 401k from the beginning will prove to be important when the time comes to withdrawal money from your account. Here we look …
Many seniors and boomers were hoping that congress would step in and postpone the required minimum distributions for 2008. Although, they did not; last December “The Worker, Retiree and Employer Recovery Act of 2008” was signed into law. According to the Act, boomers over 70½ or older will not be required to take a required …
Twitter is more than just for social networking and marketing: it is a great place to find investment tips. You don’t want to follow just any Tweeter, however, because many are scams or novices that are trying to make a fast dollar. To help you get good investment information, here are 22 investors you need …
For Boomers that have reached the IRS magic age of 70 1/2, there is good news for their required minimum distributions. 2009 required minimum distributions from retirement plans are eligible for rollover. There is good news for retirees and beneficiaries of certain employer sponsored retirement plans and IRAs. Changes to the worker retiree and employer …
Good News on Required Minimum Distributions For 2009 Read More »
We have all heard our fair share of alternative fuels with the price of gas nowadays. In the investment world with the Dow flirting with 8200, the buzz word that is gaining momentum is Alternative Investments. The buzz has turned more into reality with investors looking for new areas to diversify their portfolios. But what exactly does it …
Deciding if an annuity is the right investment for you means understanding how an annuity works and examining your financial goals. As part of an overall retirement portfolio an annuity can be a good option. Annuities allow you the security of having additional retirement income and/or money to leave behind in an inheritance for loved …
If you are looking for non-domestic investment opportunities you may want to consider Swiss annuities. Swiss annuities have a history of being one of the most stable investments available worldwide. The annuities are issued by Swiss insurance companies and come in a variety of flexible options including immediate, fixed, deferred and more. Most often the …
When thinking about retirement, the main thing on anyone’s mind is planning for your financial future. Variable annuities are something that are sold very aggressively to retirees. However, there are things that you need to know about them before you decide on investing in this type of annuity. Although popular, it does not mean that …
Are Variable Annuities a Good Investment for Retirement? Read More »
2008 will go down as one of the worst markets in history. Many records were broken, but not the kind of records that investors are excited about. For a period of 8 days in October, baby boomers were left in shock and awe as they saw the market drop an additional 22%, further extending the deep …
Baby Boomers: Time To Put Your Money Back In the Market Read More »
If you think your portfolio is diversified, you have international exposure, right? Right? Often investors they are diversified, but have all of their portfolio in predominantly U.S. based funds. If you are thinking of putting some of your investments into international funds you should highly consider the following. Vanguard FTSE All-World ex IS Index Fund (VFWIX) When …