Individual Retirement Accounts (IRAs) have been modified many times since their introduction forty-six years ago in 1974.  Many of the changes have been beneficial – the contribution limits have increased […]

Starting in 2011, the first wave of “baby-boomers” – Americans born between 1946 and 1964 – reached retirement age. The term tsunami may be more apropos than wave, however. According […]

Click here to view a PRINT VERSION of this article. Picture this: It’s a bright summer day and you decide to take a visit to your local botanical gardens to […]

Back in 1946, a nuclear physicist working at the Los Alamos National Laboratory, Stanislaw Ulam, was convalescing from an illness.  Unable to binge Netflix (as I do when recovering under […]

A few years ago, a new client asked me to review a “universal” life insurance policy that she bought in the early 1990’s. The insurance company had recently increased her […]

To download a printable version of this article: 201810 OPCM – Trim Taxes, Increase Cash Flow, or Save Time The Tax Cuts and Jobs Act was signed into legislation last […]

The best gift I ever received from my parents growing up was my very own checking account when I was 12 years old. This may sound a bit dull at […]

For middle to high income earners, there are IRS limitations on the tax benefits allowed for both Roth IRA and traditional IRA ownership. For an individual with a modified adjusted […]

As if December wasn’t already one of the busiest times of the year.  In between planning menus, shopping for presents, getting groceries, lighting candles, coordinating travel arrangements, and taking care […]

The majority of the time, an IRA owner will list individual(s) as their intended beneficiaries on the IRA beneficiary designation form. Aside from being the most common option, there is good reason for the IRA owner to […]