by Francis | May 30, 2018
There is a lot of paperwork involved when you open an IRA account. You have to prove to the bank who you are and that your funds are legitimate. There is an account opening form and a beneficiary form to be completed. After you do all of that, then you get a...
by Francis | May 24, 2018
Question: Ed, great article on reasons for taking RMDs early in the year, but here’s the other side of the argument, at least for me (which is why I am responding via email rather than online). My wife and I are both retired. We have a pension, social security...
by Francis | May 23, 2018
Using Deferred Income to Fund Your Startup Business Could ROB Your Future One of the most difficult aspects of starting a business is obtaining proper funding. While banks have begun lending again, loans for startup businesses are still difficult to obtain. They...
by Francis | May 23, 2018
This May we are celebrating Older Americans Month and the 2018 theme of Engage at Every Age teaches us that age is not a factor when it comes to taking part in activities to enrich one’s emotional, mental, and physical well-being. One activity that is key for...
by Francis | May 21, 2018
Having just one IRA instead of several may simplify paperwork and minimize fees. But when you begin to think about leaving IRA funds to heirs, consider using more than one IRA to do so. Here are reasons why: Preserve Funds for Bequests in a Roth IRA Statistics...
