Tag Archives: 401K

Recharacterizing IRA Contributions and Roth Conversions

Posted on May 16, 2012 by admin

Qualified distributions from Roth IRAs are free from income tax at the federal level. If you convert your traditional individual retirement account (IRA), simplified employee pension (SEP) IRA, or SIMPLE IRA to a Roth IRA, therefore, federal income tax is … Continue reading →

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The Roth 401(k)

Posted on April 28, 2012 by admin

The Roth 401(k) Some employers offer 401(k) plan participants the opportunity to make Roth 401(k) contributions. If you’re lucky enough to work for an employer who offers this option, Roth contributions could play an important role in maximizing your retirement … Continue reading →

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The Split Annuity: Current Income Plus Future Savings

Posted on April 23, 2012 by admin

Financial planning in retirement usually has two primary goals: create a steady, dependable stream of income and preserve retirement savings. One idea which may assist in achieving these retirement objectives is the split annuity concept. What is a split annuity? … Continue reading →

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Traditional Pension Plans

Posted on April 9, 2012 by admin

In general If you participate in a traditional pension plan at work (technically known as a qualified defined benefit plan), you’ll generally be entitled to receive monthly benefits from the plan after you retire. These benefits are usually based on your … Continue reading →

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Repairing Poor Credit

Posted on April 5, 2012 by admin

What is it? Improving poor credit can be a long and arduous process. If you have struggled through a period of financial difficulty, or even filed for bankruptcy, your ability to obtain credit may be compromised long after you have … Continue reading →

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Investment Tax Planning

Posted on April 2, 2012 by admin

Introduction Investment planning can be important for several reasons. However, any discussion of investment planning is incomplete without a thorough understanding of the applicable income tax ramifications. Tax planning can help you reduce the tax cost of your investments. Once … Continue reading →

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Working During Retirement 3/29/2012

Posted on March 29, 2012 by admin

Working During Retirement  3/29/2012 Planning on working during retirement? If so, you’re not alone. An increasing number of employees nearing retirement plan to work at least some period of time during their retirement years. Why work during retirement? Obviously, if … Continue reading →

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Market Week: March 19, 2012

Posted on March 20, 2012 by admin

Market Week: March 19, 2012 The Markets Between the relative calm over Greece, the Fed’s stand-pat stance, and a tiny bit of easing on the oil front, investors felt comfortable fleeing the low yields of U.S. Treasuries. That sent yields … Continue reading →

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Weekly Economic Update March 19, 2012

Posted on March 19, 2012 by admin

John Jastremski Presents: Weekly Economic Update March 19, 2012 PRICES RISE MOST IN TEN MONTHS Consumer prices were up 0.4% in February according to the Commerce Department, yet core inflation rose only 0.1%. A 6% jump in gasoline prices represented … Continue reading →

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Funding Your Future with a Fixed Annuity 2/25/2012

Posted on February 25, 2012 by admin

Funding Your Future with a Fixed Annuity    2/25/2012 A fixed annuity is a contract between you and an annuity issuer, usually an insurance company. In its simplest form, you pay money to the annuity issuer; the issuer invests the funds … Continue reading →

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