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Tuesday, May 5, 2026

Estate planning includes two main roles that people often confuse: your power of attorney and your executor. Both make important decisions, but they serve at different times and with different authority.Understanding that distinction...

Wednesday, April 29, 2026

Hello, this is Mark Burgdorf, President & Senior Wealth Advisor at Burgdorf Wealth Managers.Today, I want to talk about something every near-retiree should revisit: their will. Making sure it reflects your current wishes and life...

Tuesday, April 21, 2026

Retirement rarely unfolds in one straight line. For most people, it moves through distinct seasons, each with its own pace and financial priorities. Understanding those changes can help you plan more intentionally, so your money...

Tuesday, April 7, 2026

A valuable collection often represents more than wealth. It reflects a lifetime of discernment, passion, and careful stewardship. Whether you own fine art, rare wine, classic cars, or other hard-to-value assets, those pieces deserve...

Tuesday, March 24, 2026

In retirement, inflation is not an abstract headline. It shows up in everyday life. At the grocery store, in insurance premiums, and in property tax bills. When income is fixed or semi-fixed, even gradual price increases can quietly...

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Monday, March 23, 2026

Hello, my name is Mark Burgdorf with Burgdorf Wealth Managers.Today, I want to talk about an impactful and deeply personal part of financial planning for families: building a legacy that lasts.When most people think about legacy, they...

Tuesday, March 10, 2026

Losing a spouse is one of life’s most difficult experiences. Alongside the emotional weight, there are important financial decisions that need attention. Social Security surviving spouse benefits can provide income stability during...

Friday, February 27, 2026

Hello, my name is Kayden Besher, a financial professional with Burgdorf Wealth Managers.If you’re approaching retirement, you know that preparing is about more than transitioning out of your career. It’s a major life shift. Suddenly,...

Tuesday, February 17, 2026

Once full-time work becomes optional and you transition to retirement, life can change in two ways at once: how you fund your lifestyle and how you fill your days. The transition to retirement touches income, taxes, healthcare, and...

Tuesday, February 3, 2026

What Legacy Really Means in RetirementMost people think of legacy as the assets they’ll pass on, yet inheritance is only the surface. Legacy runs deeper. It’s the framework, values, and intentions that turn wealth into direction for...

Thursday, January 29, 2026

Hello everyone! My name is Mark Burgdorf from Burgdorf Wealth Managers.Today, I want to discuss one of the most crucial steps in preparing for retirement: understanding and confirming your Medicare eligibility. Medicare plays a...

Tuesday, January 20, 2026

Retirement offers the time and perspective to think about what truly matters and what should endure. Beyond managing accounts or updating documents, legacy and estate planning in retirement is about shaping how your values, generosity,...

Tuesday, January 20, 2026

Hello! My name is Kayden Besher, one of the advisors here at Burgdorf Wealth Managers. Today, I want to talk about how to create a living legacy. A living legacy goes beyond wills, trusts, or account designations. Instead, it’s about...

Tuesday, January 6, 2026

Owners nearing retirement face two parallel tasks: deciding what they’re passing on and how to pass it on through thoughtful family business and succession planning. A well-structured approach helps you translate values into documents,...

Thursday, December 18, 2025

Hi everyone, this is Kayden Besher with Burgdorf Wealth Managers. Today’s Minute on Wealth is for those planning on retiring next year. First of all, congratulations! This is a huge milestone. But before you officially step into...

Tuesday, December 16, 2025

At one time, retirement accounts were straightforward. These days, there are many retirement account options, leading to confusion and questions. Let’s review some key differences between sponsored retirement accounts and...

Tuesday, December 2, 2025

Americans are living longer than ever and that, of course, means they need more and more retirement savings. According to the CDC, we’re living to age 78.6 on average.1 That’s a lot of candles on the cake. Using today’s average...

Tuesday, November 25, 2025

Tax-Free Withdrawals Money that goes into a Roth IRA is after-tax dollars. Because you've already paid taxes on that money, once it is withdrawn, it comes out tax-free. There are some restrictions on those withdrawals if you want...

Thursday, November 13, 2025

Hello everyone. This is Mark Burgdorf at Burgdorf Wealth Managers. Today, we’re going to cover a bit of a heavy topic, but it will help you know what to do in one of the most difficult times in your life. Here are some things to keep...

Thursday, November 13, 2025

Hi everyone, this is Mark Burgdorf from Burgdorf Wealth Managers. The end of the year is a great time to pause and think about your charitable giving strategy. This includes not just how much you give, but how you give. Whether you...

Tuesday, November 11, 2025

As a business owner, you’re always on the lookout for tax strategies. One opportunity that often goes underutilized is the tax advantages offered by a well-structured 401(k) plan. Beyond its role in securing the future of your...

Tuesday, October 28, 2025

Turning 50 isn't just a birthday milestone—it's when the IRS allows you to "catch up" on your savings with catch-up contributions. For those in their early 60s, their savings potential has been supercharged thanks to the SECURE 2.0...

Monday, October 27, 2025

Hi everybody, this is Mark with Burgdorf Wealth Managers. Giving back is something we enjoy doing at our office. That’s why Tina and I started Helping Hands Midwest, a nonprofit that provides a “helping hand” with landscaping & yard...

Tuesday, October 14, 2025

October marks National Financial Planning Month, making it an ideal time for a financial health check-up. Just as you schedule annual medical exams, this month offers a natural opportunity to assess your financial situation,...

Tuesday, September 23, 2025

Preparing for retirement is not entirely financial. Your degree of happiness in your “second act” may depend on some factors that don’t come with an obvious price tag. Here are some non-monetary factors to consider as you prepare for...

Tuesday, September 9, 2025

With the children now out of the house, financial priorities become more focused on preparing for retirement. At this stage, you may very likely be at the height of your earning power and fast approaching peak savings as you lay the...

Tuesday, August 26, 2025

A retired couple age 65 can expect to need about $315,000 saved to cover healthcare expenses in retirement. With healthcare expenses in the spotlight, it’s incumbent upon us to make sure our retirement strategy anticipates these costs...

Tuesday, August 12, 2025

The Social Security Fairness Act, signed into law in December 2024, adjusts two longstanding provisions that previously reduced Social Security benefits for certain recipients: the Windfall Elimination Provision (WEP) and the...

Tuesday, July 22, 2025

Realizing you have less saved for retirement than you need or hoped for can trigger concern about the future. You want your golden years to play out a certain way—whether that’s traveling, spending more time with family, pursuing...

Tuesday, July 8, 2025

Retirement should be a time to enjoy the fruits of years of hard work and preparation, but when it comes to Social Security, many people have more questions than answers. When trying to discern when to claim, how benefits are...

Tuesday, June 24, 2025

Most people would probably agree that once we complete our desired level of education—or even before this—we need to attend to the responsibilities of our careers, finances, insurance and the like. But, many overlook the advantages of...

Tuesday, June 10, 2025

As a business owner, you've invested time, effort, and resources into building your successful company. But have you given much thought to business succession planning? A well-thought-out business exit strategy can help you maximize...

Tuesday, May 27, 2025

As a parent or grandparent, you may have diligently saved money in a 529 account to help fund your child's or grandchild's college education. But what happens if they decide college isn't the right path for them? It's a valid question...

Tuesday, May 13, 2025

What workers anticipate in terms of retirement income sources may differ considerably from what retirees actually experience. For many people, retirement income may come from a variety of sources. Here's a quick review of the six main...

Tuesday, April 22, 2025

By any measure, the tax code is huge. It is over 2,000 pages long, and even longer with footnotes.1 And almost weekly, the Internal Revenue Service publishes a 10- to 50-page bulletin about various aspects of the tax code.2 Fortunately...

Monday, April 21, 2025

Hi everybody, this is Mark with Burgdorf Wealth Managers. Giving back is something we enjoy doing at our office. That’s why Tina and I started Helping Hands Midwest, a nonprofit that provides a “helping hand” with landscaping & yard...

Wednesday, April 9, 2025

The Internal Revenue Service (IRS) has released new limits for certain retirement accounts for the coming year. Keep in mind that this update is for informational purposes only, so please consult with an accounting or tax professional...

Monday, March 24, 2025

Today, many successful business owners are using advanced retirement strategy designs to manage tax liabilities. For example, a Roth 401(k) paired with a profit-sharing or defined benefit plan gives you the opportunity to: Forego a...

Friday, March 21, 2025

Hello, everyone! This is Mark Burgdorf at Burgdorf Wealth Managers. Today’s video is for public employees who want to understand what the Social Security Fairness Act could mean for them. If you’re a public servant, like a teacher,...

Tuesday, March 11, 2025

You may have considered all the fun things you will do in retirement – travel, take up a new hobby or spend more time with your family – but well before your official retirement, it’s a good idea to create a pre-retirement checklist....

Tuesday, February 25, 2025

1. Tax-Free Withdrawals Money that goes into a Roth IRA is after-tax dollars. Because you've already paid taxes on that money, once it is withdrawn, it comes out taxfree. There are some restrictions on those withdrawals if you want to...

Tuesday, February 11, 2025

As you’re nearing retirement, the options for retirement investment solutions can be nothing short of overwhelming. With so many options out there, how do you choose? As you’re looking for low-risk solutions, you might want to consider...

Saturday, February 1, 2025

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Tuesday, January 28, 2025

If you're approaching retirement, you're probably already familiar with some common steps to help you save money, including contributing to your retirement savings plans and avoiding early withdrawals or overly conservative investing...

Tuesday, January 14, 2025

As we end 2024, I wanted to share some data that many may find positive. Fidelity Investments just announced that 440,000 retirement savers reached an incredible milestone in 2023: $1 million in their 401(k).1 That's despite market...

Tuesday, December 17, 2024

Everybody wants to save on their taxes. If you think tax-saving strategies are too complicated, you could be missing out on tax savings. There are a few simple tax-saving strategies available to nearly everyone. Tax planning is more...

Friday, December 13, 2024

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Friday, December 13, 2024

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Friday, December 13, 2024

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Tuesday, December 3, 2024

If you're like many small business owners, running your own business is an all-consuming endeavor. In the face of everyday demands, choosing a retirement strategy for your business can become a casualty. The idea of establishing a plan...

Wednesday, November 20, 2024

Estate planning, or legacy planning, can play a critical role in your ability to save for and shape your family’s financial future. While most people think of estate planning as something to be addressed later in life, in truth, estate...

Tuesday, November 5, 2024

Throughout your life, you’ve likely dreamt about what your retirement will look like. There are many possibilities about what you can do with your time, where you can live and what your income and finances will look like. As you get...

Friday, November 1, 2024

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Friday, November 1, 2024

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Monday, October 21, 2024

We get regular updates on the Social Security trust fund. In early May, the Social Security Board of Trustees announced that the trust funds had revenue to pay full benefits until 2035. Generally speaking, the headline’s tone is very...

Monday, October 7, 2024

From Hulu to Disney+, many households have come to rely on streaming services for convenient sources of home news and entertainment. While some subscriptions can enhance your daily routines and experiences, they can also sneakily...

Tuesday, September 24, 2024

If you live in or have visited a big city, you’ve probably run into street vendors – people who sell everything from hot dogs to umbrellas – on the streets and sidewalks. Many of these entrepreneurs sell completely unrelated products,...

Friday, September 13, 2024

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Tuesday, September 10, 2024

The reason withdrawals from a Traditional Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for anything other than...

Sunday, September 1, 2024

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Tuesday, August 27, 2024

The average American owes $59,580 in debt. Of that $59,580, $41,830 is from mortgage debt, $5,640 is from student loans, and $5,470 is from auto loans. Little wonder that money worries can be a major cause of stress.1 The Link Between...

Tuesday, August 13, 2024

Did you recently add a second comma to your bank balance? Has a recent financial event raised your net worth to the next level? It's an exciting time, whether it's the result of your long-term goals (e.g., from the sale of a business),...

Thursday, August 1, 2024

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Tuesday, July 23, 2024

Generally, the different parts of Medicare help cover specific services. Most beneficiaries choose to receive their Parts A and B benefits through Original Medicare, the traditional fee-for-service program offered directly through the...

Tuesday, July 9, 2024

Many parents feel saving for their kids’ college costs is just as important as saving for their own retirement. It’s an understandable but potentially dangerous mindset. Yes, the cost of college is rising, but it will always be just a...

Monday, July 1, 2024

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Tuesday, June 25, 2024

If you have yet to develop a retirement plan for your business, or if you're not sure the plan you've chosen is the right one, here are some things to consider. How much can my business afford to contribute? The cost of contributions...

Tuesday, June 11, 2024

Do you need a life insurance policy in retirement? One school of thought questions this decision. Perhaps your kids have grown, and the need to help protect the household against the loss of an income-earner has passed. If you are...

Tuesday, May 28, 2024

Carve your name on hearts, not tombstones. A legacy is etched into the minds of others and the stories they share about you.Shannon L. Alder The desire to leave a legacy may be the height of altruism for it is a gift to the future, the...

Tuesday, May 14, 2024

Social Security has been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise you. The Social Security trust fund...

Wednesday, May 1, 2024

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Wednesday, May 1, 2024

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Tuesday, April 23, 2024

Social Security is a critical component of the retirement financial strategy for many Americans, so before you begin taking it, you should consider three important questions. The answers may affect whether you make the most of this...

Tuesday, April 9, 2024

How do you picture your future? Some see retirement as a time to start a new career. Others see it as a time to travel. Still others plan to spend more time with family and friends. With that in mind, here are some things to consider....

Tuesday, March 26, 2024

The reason withdrawals from a Traditional Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for anything other...

Tuesday, March 12, 2024

Are you on the brink of retirement or settling into your golden years? This chapter of your life can be exciting and rewarding, especially if you're well-prepared. One of the biggest concerns on your mind, however, is probably money....

Friday, March 1, 2024

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Tuesday, February 27, 2024

Retirement is a significant milestone in life that, for many people, brings both excitement and apprehension. As you approach this phase, ensuring your financial health becomes paramount. It's the time when you should reap the fruits...

Tuesday, February 13, 2024

If you're like most retirees, running out of money is likely one of your biggest fears for your golden years. The good news is that careful planning and tax-efficient drawdown strategies can help you enjoy the lifestyle you've dreamed...

Thursday, February 1, 2024

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Tuesday, January 23, 2024

Retirement is a significant milestone in life that, for many people, brings both excitement and apprehension. As you approach this phase, ensuring your financial health becomes paramount. It's the time when you should reap the fruits...

Tuesday, January 9, 2024

The start of a new year is an ideal time to set financial goals. Maybe you're aiming to save more money this year or are prioritizing paying off debt. If you made financial goals for yourself last year, how did you do? Did you stay on...

Monday, January 1, 2024

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Tuesday, December 12, 2023

Have you ever had to deal with a "white elephant"? Not the actual pachyderm, but what Merriam-Webster calls "a property requiring much care and expense yielding little profit" or, more simply, "something of little or no value." Of...

Tuesday, December 5, 2023

Recent years have witnessed the mainstreaming of alternative investments for certain accredited investors. In fact, alternative investments are expected to grow $8 trillion between 2022 and 2028.1,2 The impetus behind this projected...

Wednesday, November 29, 2023

Everybody wants to save on their taxes. If you think tax-saving strategies are too complicated, you could be missing out on tax savings. There are a few simple tax-saving strategies available to nearly everyone. Tax planning is more...

Tuesday, November 7, 2023

The federal estate tax threshold rose to $25.84 million in 2023 for married couples and $12.92 million for individuals, as part of the Tax Cuts and Jobs Act (TCJA). Like several TCJA provisions, the higher estate tax limit is due to...

Wednesday, October 25, 2023

A recent survey found that 28% of workers are very confident about having enough money to live comfortably through their retirement years. At the same time, 27% are not confident.1 In 2001 congress passed a law that can help older...

Wednesday, October 11, 2023

When a family member passes away, there are many decisions that need to be made and many emotions to handle. The last thing anyone thinks about is taxes. Unfortunately, even the deceased can't escape taxation. If the departed family...

Wednesday, September 20, 2023

Forty-two percent of Americans do not own any stocks or stock-related investments, according to a recent Gallup poll.1 Individuals may cite different reasons for not investing, but with important long-term financial goals, such as...

Tuesday, September 12, 2023

Most understand that waiting to claim Social Security benefits can result in higher monthly payments. However, many don't know that there are other ways to maximize their benefits, some of which depend on their marital status....

Wednesday, August 23, 2023

In 2021, the U.S. had a record 24.5 million millionaires, up from 202 million in the previous year. An increase in personal wealth may bring greater financial flexibility; it may also bring greater liability. Individuals with high net...

Wednesday, August 9, 2023

What exactly is the "sequence of returns"? The phrase describes the yearly variation in an investment portfolio's rate of return. But what kind of impact do these deviations from the average return have on a portfolio's final...

Tuesday, July 18, 2023

According to the most recent information available, Americans have individual life insurance with a total face value of $12.8 trillion.1Due to a variety of factors, these individuals may find themselves in circumstances where the...

Wednesday, July 5, 2023

Preparing your estate can be complicated, and if you’re a part of a blended family, estate decisions can be even more complex and nuanced. Blended families take on many forms, but typically consist of couples with children from...

Wednesday, June 14, 2023

Imagine driving a car without a basic understanding of the rules of the road or even how to operate it. Scary thought.Here’s another scary circumstance – one that is all too real. Many Americans are making financial...

Monday, June 5, 2023

Women who share money management duties with their partner tend to take on a lion’s share of the responsibility for the household finances. Yet only 18% of women feel very confident in their ability to fully retire with a...

Tuesday, May 16, 2023

While many people are familiar with the benefits of traditional 401(k) plans, others are not as acquainted with Roth 401(k)s.Since January 1, 2006, employers have been allowed to offer workers access to Roth 401(k) plans. And some have...

Thursday, May 4, 2023

Chris Rock once remarked, “You don’t pay taxes – they take taxes.” That applies not only to income but also to capital gains.Capital gains result when an individual sells an investment for an amount greater than...

Tuesday, April 18, 2023

Find That Lost Retirement AccountDo you have a long-lost retirement account left with a former employer? Maybe it’s been so long that you can’t even remember. With over 24 million “forgotten” 401(k) accounts...

Tuesday, April 4, 2023

If your family relies on your income, it’s critical to consider having enough life insurance to provide for them after you pass away. But too often, life insurance is an overlooked aspect of personal finances.In fact, according...

Wednesday, March 22, 2023

This content originally appeared on irahelp.comCopyright © 2023, Ed Slott and Company, LLC Reprinted from The Slott Report, Wednesday, March 22, 2023, with permission. Original URL. Ed Slott and Company, LLC takes no...

Tuesday, March 21, 2023

How do you picture your future? Some see retirement as a time to start a new career. Others see it as a time to travel. Still, others plan to spend more time with family and friends. With that in mind, here are some things to...

Thursday, March 9, 2023

Interest in making an impact with one’s investments has grown in recent years, which means many investors may have an increased interest in environmentally or socially focused investments as well. In fact, impact investments...

Tuesday, February 28, 2023

Hello Everyone! We'd like to take a minute and thank everyone who came out to our Love Where You Live Event last month. It was a great time and a fun way to get to celebrate you--our amazing clients!Our team would like to express our...

Thursday, February 23, 2023

This content originally appeared on irahelp.comCopyright © 2023, Ed Slott and Company, LLC Reprinted from The Slott Report, Wednesday, February 23, 2023, with permission. Original URL. Ed Slott and Company, LLC takes no...

Tuesday, February 21, 2023

College marks a great milestone in a child’s life. It may be the first time he or she will live away from home. Dropping off your child at college may be an experience loaded with emotions, so here are a few tips for a smoother...

Thursday, February 9, 2023

When you lose a spouse, partner, or parent, the grief can be overwhelming. In the midst of that grief, life goes on. There are arrangements to be made, things to be taken care of – and in recognition of this reality, here is...

Tuesday, January 24, 2023

When looking for income-generating investments, some investors turn to dividend-yielding stocks.When a company makes a profit, that money can be put to two uses:It can be reinvested in the business.It can be paid out to the...

Wednesday, January 18, 2023

This content originally appeared on irahelp.comCopyright © 2022, Ed Slott and Company, LLC Reprinted from The Slott Report, Monday, July 13, 2022, with permission. Original URL. Ed Slott and Company, LLC takes no...

Tuesday, January 10, 2023

The Internal Revenue Service (IRS) has released new limits for certain retirement accounts for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based adjustments have reached...

Tuesday, December 20, 2022

Social Security's been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise you.The Social Security trust fund is...

Tuesday, December 20, 2022

This content originally appeared on irahelp.comCopyright © 2022, Ed Slott and Company, LLC Reprinted from The Slott Report, Monday, July 13, 2022, with permission. Original URL. Ed Slott and Company, LLC takes no...

Tuesday, December 6, 2022

Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible.No Strategy: Yes, the biggest mistake is having no strategy at...

Tuesday, November 22, 2022

Generally, the different parts of Medicare help cover specific services. Most beneficiaries choose to receive their Parts A and B benefits through Original Medicare, the traditional fee-for-service program offered directly through the...

Wednesday, November 16, 2022

This content originally appeared on irahelp.comCopyright © 2022, Ed Slott and Company, LLC Reprinted from The Slott Report, Monday, July 13, 2022, with permission. Original URL. Ed Slott and Company, LLC takes no...

Tuesday, November 8, 2022

New retirees sometimes worry that they are spending too much, too soon. Should they scale back? Are they at risk of outliving their money? This concern may be legitimate. Some households "live it up" and spend more than they anticipate...

Tuesday, October 25, 2022

Medicare’s prescription drug benefit (Part D) is the part of Medicare that provides outpatient drug coverage. Part D is provided only through private insurance companies that have contracts with the federal government—it is...

Tuesday, October 18, 2022

This content originally appeared on irahelp.comCopyright © 2022, Ed Slott and Company, LLC Reprinted from The Slott Report, Monday, July 13, 2022, with permission. Original URL. Ed Slott and Company, LLC takes no...

Tuesday, October 11, 2022

When the rules of the game change, tactics should follow in response to the new landscape. While estate tax exemptions have ridden an uncertain roller coaster in recent years, the rules appear to be stabilizing after the passing of the...

Tuesday, September 27, 2022

Who among us wants to pay the IRS more taxes than we have to?While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible. Let's take a quick look at the five most...

Tuesday, September 20, 2022

This content originally appeared on irahelp.comCopyright © 2022, Ed Slott and Company, LLC Reprinted from The Slott Report, Monday, July 13, 2022, with permission. Original URL. Ed Slott and Company, LLC takes no...

Tuesday, September 13, 2022

Many of us grew up with the concept that making regular, periodic contributions to our retirement account was a sound investment strategy. The idea was that, in a fluctuating market, regularly investing a set amount would enable an...

Thursday, August 25, 2022

This content originally appeared on irahelp.comCopyright © 2022, Ed Slott and Company, LLC Reprinted from The Slott Report, Monday, July 13, 2022, with permission. Original URL. Ed Slott and Company, LLC takes no...

Tuesday, August 23, 2022

Will you pay higher taxes in retirement? It’s possible. But that will largely depend on how you generate income. Will it be from working? Will it be from retirement plans? And if it does come from retirement plans,...

Tuesday, August 9, 2022

American households with credit card balances carry an average debt of $8,602.1The wise use of credit is a critical skill in today’s world. Used unwisely, credit can rapidly turn from a useful tool to a crippling burden. There...

Tuesday, July 26, 2022

Thanks to healthier lifestyles and advances in modern medicine, the worldwide population over age 65 is growing. In the past decade, the population of Americans aged 65 and older has grown 36% and is expected to reach 94.7 million in...

Wednesday, July 13, 2022

This content originally appeared on irahelp.comCopyright © 2022, Ed Slott and Company, LLC Reprinted from The Slott Report, Monday, July 13, 2022, with permission. Original URL. Ed Slott and Company, LLC takes no...

Tuesday, July 12, 2022

Financial Documents Joint OwnershipDurable Power of AttorneyLiving TrustWhat does it do?Enables you to own property jointly with another personAuthorizes someone to handle legal and financial decisions if you become...

Tuesday, June 28, 2022

Extended-care coverage can be complex. Here’s a list of questions to ask that may help you better understand the costs and benefits of these policies.What types of facilities are covered? Extended-care policies can cover...

Thursday, June 23, 2022

By Andy Ives, CFP®, AIF®IRA AnalystFollow Us on Twitter: @theslottreportQuestion:Hi Ed,I’m 66 Years old. Less than a year ago I converted into my Roth from my traditional IRA with the intention of parking it...

Tuesday, June 14, 2022

Do you have a will?A will enables you to specify who you want to inherit your property and other assets. A will also enables you to name a guardian for your minor children.Do you have healthcare documents in place?Healthcare documents...

Tuesday, May 24, 2022

The reason withdrawals from an Traditional Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for anything...

Tuesday, May 17, 2022

This content originally appeared on irahelp.com Copyright © 2022, Ed Slott and Company, LLC Reprinted from The Slott Report, Monday, May 16, 2022, with permission. Original URL. Ed Slott and Company, LLC takes no...

Monday, May 9, 2022

Tuesday, April 26, 2022

Monday, April 25, 2022

This content originally appeared on irahelp.com Copyright © 2022, Ed Slott and Company, LLC Reprinted from The Slott Report, Thursday, April 21, 2022, with permission. Original URL. Ed Slott and Company, LLC takes no...

Monday, April 11, 2022

Wednesday, March 30, 2022

The IRS does its best to ensure no loopholes exist for bad actors to circumvent tax laws to avoid paying their fair share. However, when it comes to some of the guidance in the recently released SECURE Act regulations...

Tuesday, March 22, 2022

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