The following post Help When You Inherit an IRA See more on: http://ift.tt/1Qf2CkK
Here are some things to consider when you receive IRA assets. Be sure you understand your options. When the owner of an IRA passes away, his or her heirs must be aware of the rules and regulations affecting Inherited IRAs. Ignorance can lead straight toward a tax disaster.
The post Weekly Economic Update for October 26, 2015 is republished from Biro Financial News
WEEKLY QUOTE “Rules too soft are seldomly followed; rules too harsh are seldomly executed.” – Ben Franklin WEEKLY TIP In retirement, one of your goals should be to grow your assets faster than inflation devalues them. You must sustain your purchasing power. WEEKLY RIDDLE Robert will [...]
Protecting Yourself While Shopping Online was originally seen on http://ift.tt/1zy8js2
What steps should you take? Whether you shop online routinely or infrequently, the risk of identity theft rises as you offer more and more information about yourself online. Avoid using a debit card, and use only one credit card. If your debit card gets hacked, the thieves may be able to access your bank account. [...]
The blog post Retirement Blindspots was originally published on Biro Retirement Services
Some life & financial factors that can be overlooked. We all have a “blue sky” vision of the way retirement should be, yet it helps to plan for retirement with a little pragmatism. Fate may alter the course of our retirement in ways we do not currently anticipate…
The blog post Weekly Economic Update for October 19th See more on: http://ift.tt/1HV0AEo
Jeff Biro Presents: WEEKLY ECONOMIC UPDATE WEEKLY QUOTE“When you make a mistake, there are only three things you should ever do about it: admit it, learn from it, and don’t repeat it.”– Paul “Bear” Bryant WEEKLY TIPA distribution from your workplace retirement plan before age 59½ is usually a bad idea. In most instances, it comes [...]
The blog post Why DIY Investment Management Is Such a Risk See more on: - Biro Financial & Retirement Services
Paying attention to the wrong things becomes all too easy. If you ever have the inkling to manage your investments on your own, that inkling is worth reconsidering. Do-it-yourself investment management is generally a bad idea for the retail investor for myriad reasons…
Life Insurance with Long Term Care Riders Find more on: http://ift.tt/1Qf2CkK
As conventional LTC policies grow costlier, alternatives have emerged The price of long term care insurance is really going up. If you are a baby boomer and you have kept your eye on it for a few years, chances are you have noticed much costlier premiums for LTC coverage today compared to several years ago. [...]
Estate Planning After a Second Marriage was first published to http://ift.tt/1zy8js2
Special considerations for a complex situation. Marrying again makes estate planning more involved. How do you provide for everyone you love? Should you provide for everyone you love? How do you arrange to transfer wealth in a way that won’t hurt the feelings of certain heirs?
The following article Planning for Retirement When You Are Single was first seen on Scottsdale Retirement News
If you aren’t married, you should consider these potential expenses & needs. How does retirement planning differ for single people? At a glance, there would seem to be no difference in the retirement saving effort of an individual versus the retirement saving effort of a couple: start early, save consistently, and use vehicles that allow [...]
The following post The Fed Postponed Raising Short-Term Interest Rates is republished from Biro Retirement Services
On Thursday, the Federal Reserve postponed raising short-term interest rates. Citing “global economic and financial developments” that could “somewhat” impair economic progress and lessen inflation pressure…
Why Life Insurance Matters See more on: http://ift.tt/1zy8js2
Besides the death benefit, it may also help you financially during your life. As a recent Bankrate.com article noted, 43% of Americans have no life insurance. Some view it as optional; some have simply procrastinated when it comes to buying a policy… Related Posts Protecting Yourself While Shopping Online Long-Term Investment Truths You Should Know [...]
