IRAs
Ed Slott & Company
www.IRAHelp.com
100 Merrick Road, Suite 200E
Rockville Centre, NY 11570
(877) 337-5688
Ed Slott and Company are America's IRA Experts!
Ed Slott and Company was named "The Best" sources for IRA advice by The Wall Street Journal and called "America's IRA Experts" by Mutual Funds Magazine. The company collaborated to create the nationally-aired Public Television Fundraising Specials, "Stay Rich Forever & Ever with Ed Slott" and "Stay Rich for Life! with Ed Slott." Ed Slott and Company also established the IRA Leadership Program™ and Ed Slott's Elite IRA Advisor Group™, which were developed specifically to help financial institutions and advisors, financial advisor firms, and insurance companies become recognized leaders in the IRA marketplace. Ed is the author of Your Complete Retirement Planning Road Map (Ballantine Books, 2007), Parlay Your IRA Into a Family Fortune (Viking, 2005), The Retirement Savings Time Bomb and How to Defuse It (Penguin, 2008), and Ed Slott's IRA Advisor, a monthly IRA newsletter.
The company's website is www.IRAHelp.com.
Insurance and Retirement
Once you’re retired, your need for insurance changes. It is a good idea to look at your coverage options and figure out what you need and don’t need, and where you might be able to achieve some savings.
Using The Internet As Your Financial Planner
There’s a lot of great information available on the Internet. There’s also a lot of misinformation. Some advice is misleading, and some is just plain wrong. The Internet is no substitute for expert financial and retirement planning advice.
Working In Retirement
These days we are seeing many more retirees going back to work after their normal retirement date. With the present economy, many require more income to support their lifestyle, while others become bored and need a work-related discipline in their lives.
Beneficiary Issues For The Sandwich Generation
Those who are raising their children and also taking care of their parents are likely to have their own retirement plans, and to be the beneficiaries of their parent’s assets. Here is what they need to know about both sides of the equation.
Don't Get Hooked
Phishing is the act of sending an email or other notification to an individual falsely claiming to be an established, legitimate enterprise, in an attempt to collect private information that could be used for identity theft.
Back To School
It’s that time of year again: the back to school season. For those more concerned with retirement than recess, that means it’s time to learn all you can about the latest rules for taxes and IRAs. Here are some of the best resources.
Have You Prepared a Will?
it is critically important that you review your beneficiary forms often, and verify that your IRA custodian has the most current version of your beneficiary form on file. Either you can decide who gets your assets, or the government can.
Beat Those Banking Fees
ATM fees are doing damage to your paycheck, your daily financial picture, and your retirement savings. According to a study by the Pew Charitable Trusts, checking accounts at the 10 biggest U.S. banks had a median 49 fees in October 2010.
DIY? Not With Your Future
While the media has done a good job of simplifying investing, some magazines and TV shows have oversimplified retirement planning. It’s a highly complex process that requires in-depth knowledge and impartiality—and do-it-yourselfers often get in trouble.
Converting Inherited Assets to a Roth IRA
You are a non-spouse beneficiary and you've inherited an IRA or employer plan assets. Can you convert those assets to a Roth IRA? The answer is yes and no.
IRA Investments: Caveat Emptor
Many of us are often solicited for strategies involving alternate investments for IRAs. You should have your antenna up when being solicited and when the solicitor states that the investment is either “IRS Approved” or endorsed by the IRS.
Preventing Financial Abuse of the Elderly
As the economy worsens, instances of elder financial abuse are likely to rise. The elderly are particularly vulnerable to scams and financial abuse by friends, acquaintances, caregivers and family members in need of money.
Raiding the Nest?
Retirement nest eggs exist to help insure a comfortable financial retirement for their owners. Taking early withdrawals may put that in jeopardy. If you find yourself in this predicament, seek assistance from a qualified retirement plan advisor.
IRAs and Minors as Beneficiaries
Is including your grandchildren (or other minors) in your estate a potential part of your planning? If so, you’ll need to carefully evaluate your options when it comes to IRAs. Read on to find out two of the best options currently available.
Making the Most of Your Retirement Savings
If you want to have a comfortable retirement you are going to have to be a disciplined saver and make good investment choices. The ideal investment strategy for retirement accounts is to find great performers and milk them for everything they are worth.
Taking Social Security Benefits
The combination of guaranteed benefits for life, cost of living adjustments, and spousal coverage makes Social Security one of the most valuable sources of retirement income.
Converting to a Roth IRA?
Like any other major financial decision, the question of whether to convert to a Roth IRA needs to be measured carefully and with all the facts. Only then can the best course of action be identified and implemented.
