We know it almost instinctively, from all the information we’ve seen about it: oatmeal is good for you. For cryin’ out loud, Wilford Brimley made a living telling us “It’s the right thing to do, and a tasty way to do it.” But in general, most folks look at oatmeal as a bland, tasteless, boring [...]
Posts from ‘February, 2010’
Double, Double, Toil and Trouble
Avoiding Double Taxation on an Inherited IRA Did you know that if you don’t pay close attention, you could be paying tax a second time on an inherited IRA – if the original owner’s estate paid estate tax. You won’t find much (if anything) about this at the IRS’ website… not really sure why, but [...]
Social Security Spousal Benefit for Divorcées
Recently we talked about the spousal benefit for Social Security retirement benefits. It is also important to note that similar benefits are available to divorced spouses. A divorced spouse is eligible for a Social Security retirement benefit based upon the PIA (Primary Insurance Amount) of his or her ex-spouse under the following conditions: he or [...]
The Formula for Success
Financial professionals sometimes get wrapped up in the overly-complex – retirement projections, Monte Carlo analysis, trust and estate planning, and complicated portfolio design. It often comes to mind that we need to stop and remember what the most important concepts are in successful financial planning, and that can be boiled down to a very simple [...]
Roth Conversion – What Could Possibly Go Wrong?
It is expected that in 2010 there will be more Roth IRA conversions than in any year in the past – maybe all years added together. With all this converting and cavorting going on around IRAs and Roth IRAs, there are bound to be some problems arise. One particular type of problem that could arise [...]
And if you've come here to learn about queuing waterfowl, I apologize for the confusion. You may want to discuss your question with Lester, my loyal watchduck and self-proclaimed "advisor's advisor".
