Tag Archives: ira

Last month, in part one of this article, we discussed how you might be in a lower tax bracket in retirement, but pay a higher tax rate. In this article, we’ll look ...

One of the most overlooked, but perhaps most important, aspects of income planning is taxes and how they relate to retirement and Social Security. Taxation on Social Security benefits works differently than ...

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Work first, play later Dear Dave, ...

When it comes to giving during retirement, there is one place that many are likely giving far more than they should: the Internal Revenue Service. As we’ve pointed out in previous articles ...

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   More than any amount of ...

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   Good news and bad news ...

It’s been a season full of recognition for The Retirement Team, a financial advisory firm based out of Topeka. The business recently swept The Best of Topeka finance categories, earning Best Financial ...

Over the course of the average retirement all prices more than double. In fact, they’ll go up more than 2.5 times. Something that costs $100 today will cost $257 by the end ...

For most investors, including those saving for retirement, it’s no surprise that markets are subject to up-and-down fluctuations over time. And if you are investing with a long-term perspective, it’s pretty common ...

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Long distance flip? Dear Dave, I’ve ...

I often hear when I first meet with someone that the only reason they are still working is to pay for health insurance until they can get on Medicare at age 65. ...

Looking back to the start of the century, interest rates have been in decline. Back then the Aggregate Bond Index was paying over 7%. Today? Just 1%. This means in order for ...

Imagine how you would feel if you were on a sinking cruise ship and couldn’t get off because there weren’t any life jackets or backup boats. Now ask yourself, if you were ...

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Let kids make mistakes (and learn ...

There’s a reason why we often refer to target date funds as ‘target dated’ funds. These types of investments rely on portfolio construction techniques to decide what to own based on decades ...

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Try to help him, but move ...

Typically when you fail to plan, you are planning to fail, and that applies to the stock market. It’s best to have a plan before trouble comes, rather than make emotional decisions ...

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   Dealing with debt collectors   ...

Last month we discussed the SECURE Act and its projected $15.7 billion tax increase on beneficiaries of tax deferred retirement accounts (like 401(k)s, 403(bs), TSPs, IRAs, etc.). The only ones excluded from ...

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   Push the pause button Dear ...

One of the most common things I hear from people who own or have been pitched an annuity is the belief that the annuity will “earn 7% guaranteed.” Usually this is due ...

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   This lady’s getting it done! ...

We have a saying around our office that retirees are one of the highest and most unfairly taxed groups out there, and with the recent passage of the SECURE Act things are ...

Did the outcome of the election make you really happy and excited? Or did it leave you concerned, especially when it comes to your investments? Either way, you shouldn’t play politics with ...

The IRS is reminding taxpayers that criminals and scammers often try to take advantage of generous taxpayers who want to help disaster victims. Everyone should be vigilant. These scams often pop up ...