Categorized Archives: Retirement Planning

Ed Slott Talks Taxes


Posted in: Business Owner, Retirement Planning, Taxes, Wealth Transfers

As I grew in experience, one name kept coming up as the pre-eminent expert in this field: Ed Slott. Ed Slott is a CPA who offers his expertise to financial advisors around the country. The Wall Street Journal has called Ed “The Best Source for IRA Advice.”

Why am I singing the praises of Ed Slott? We have talked to many people about the role taxes play in planning for your IRA and other retirement accounts. Ed has a quick 10 minute video that explains in “plain English” what we have been preaching at our office. Below is the video by Ed entitled, “Life Insurance for Life and Beyond” which explains the concept of re-positioning your taxable and tax-deferred assets to tax-free and eliminating the five risks you have in your current portfolio.

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What You Need to Know About Social Security


Posted in: Retirement Planning

At the beginning of 2012, the average monthly Social Security benefit for a retired worker was about $1,230. That’s about $15,000 of income for the year. In order to receive Social Security benefits, this means that you worked and paid taxes for at least 10 years. By creating a plan for your retirement, you can […]

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The Fiscal Cliff


Posted in: Economics, Retirement Planning, Stock Market, Taxes, Thought of the Week

The Fiscal Cliff Now that the election is over the single most important issue, financially, facing our country is the upcoming Fiscal Cliff.  You’ve heard that term thrown about in the media but what exactly does it mean and what impact could it have on our country and on you?  This week our investment committee […]

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