Category Archives: Retirement Income Planning

Should You Do a Roth IRA Conversion After Age 62?

Published on November 23, 2020

Planning the timing of your Roth IRA conversion carefully cannot only reduce taxable inome but manage Mediare premiums.

Contribute Your 2020 RMD to a Roth IRA

Published on April 20, 2020

Although you can rollover, or return, your 2020 IRA and other retirement plan February 1st to May 15th distributions as a result of the 2020 waiver of RMDs, there’s another strategy that you can use to reduce future years’ income tax liability and optimize lifetime after-tax distributions for you and your heirs.

2020 Required Minimum Distributions Waived

Published on April 6, 2020

Use the CARES Act waiver of 2020 required minimum distributions as an opportunity to optimize your retirement income plan.

The Roth IRA Conversion Trifecta

Published on March 30, 2020

As a result of a series of three events, there’s an unprecedented opportunity to do a sizable Roth IRA conversion this year.

5 Lifetime Valentine’s Day Gifts for Your Spouse

Published on February 11, 2020

Here are five unique ideas that are designed to benefit you and your spouse over your lifetime. A word of caution: Brush up on your presentation skills since each one will likely be met with dead silence and/or outrage depending upon your spouse.

7 Reasons to Start a Staged Roth IRA Conversion Plan Today

Published on September 17, 2019

One underutilized strategy for optimizing the longevity of assets when planning for retirement is a staged, or multi-year, Roth IRA conversion plan. There are seven reasons to start this type of plan today.

Is Your Widow(er) Included in Your Income Tax Plan?

Published on August 6, 2019

A surviving spouse who has the same, or even less, income will often be subject to higher federal, and potentially, state, income tax liability.

Uneasy About the “A” Word? You’re Not Alone

Published on May 14, 2019

When presented in the context of retirement income planning, fixed income annuities have proven to be the most appropriate and natural commercial solution for providing sustainable lifetime income.

Roth Solo 401(k) Makes More Sense Than Ever

Published on March 19, 2019

Lower tax rates under the new income tax law, combined with the likelihood of higher tax rates in the future, support a Roth solo 401(k) contribution strategy.

Leverage Your Assets for Retirement

Published on December 18, 2018

When you buy a house, typical financing is a mortgage equal to 80% of the purchase price. This enables you to purchase a much more expensive home than you would otherwise be able to do without the mortgage. The goal is to increase your equity in the property over time through a combination of paying down the mortgage and appreciation.