RothConversion

5 Things to Discuss with your Clients

Read our print-friendly PDF version The effect of COVID-19 is widespread, with nearly all facets of life changing as a result of the outbreak. Certainly a big change might be with your client relationships due to the difficulty of scheduling face-to-face meetings. During this time of social distancing, consider the opportunity that exists to strengthen […]

CARES Act Creates New Required Minimum Distribution Rules for 2020

Read our print-friendly PDF version Wouldn’t you know that a law that was just enacted on December 20, 2019 has just been modified for 2020 only by the CARES (Coronavirus Aid, Relief, and Economic Security) Act. While most of the CARES Act is devoted to providing economic stimulus to businesses hurt financially by COVID-19 virus, […]

After-Death Required Minimum Distribution Rules After the SECURE Act

Read our print-friendly PDF version Situation: The demise of stretch distribution is here! So, what should financial professionals be doing now? At a minimum you need to understand how the RMD rules work today so you will be in a position to discuss the impact changes will make on your clients’ plans. Unlike the lifetime […]

Goodbye Stretch, Hello Life Insurance

Read our print-friendly PDF version The general rule of thumb in the past for retirement savings was to use qualified plans to lower one’s current tax obligation, defer them in the present, and withdraw them in the future at a lower rate. A key benefit was that if the funds were not totally withdrawn before […]