lfresin1

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Avoiding The IRA Waterfall: 4 Ways To Increase The After-Tax Value Of Your IRAs

The penalty for miscalculating a required minimum distribuiton is 50%, perhaps the highest in the tax code.<p>There’s no need to sell assets to make RMDs. Distributions don’t have to be in cash. Your IRA can distribute assets.<p>The bane of many retirements is the requirement to take minimum …

How to Use the New Tax Law to Live Tax-Free in Retirement

By Dennis Drake<p>Should you really be concerned about higher taxes in retirement? Didn't taxes just go down? Yes, for most middle-income retirees the …

Retirement

How To Retire At 62 On A Meager Million

How can I ever retire?<p>Many older workers grapple with this question every day. Often, they turn to Seeking Alpha for answers. Today, retirees need a …

Investing

61% of retirement savers are making this costly mistake

If you fail to take a required minimum distribution from your retirement account of, say, $8,000, you could be taxed a whopping $4,000! Learn more about RMDs and the rules you need to follow.<p>Retirement accounts, such as IRAs and 401(k)s, can be lifesavers, helping us sock away money for our golden …

Retirement

Awesome DirecTV Now Deal Gives Prepayers A Free Apple TV 4K

AT&T has just announced an eye-catching deal designed to entice customers to DirecTV Now: A free Apple TV 4K box for anyone who prepays for four months of its TV streaming service.<p>Given that DirecTV Now costs $35 a month, pre-paying for four months of the service would cost you a grand total of …

Smart TV

A Step-by-Step Guide to Asset Allocation in Retirement

Here's what you need to know about allocating your investments as you get older.<p><i>This article was updated on April 9, 2018, and originally published</i> …

Sell your stuff with these apps that replace garage sales

The sweltering heat is here and the icy lemonade is flowing — yep, it’s definitely summer. If you wrapped up your spring cleaning with a room full of random stuff you don’t need anymore — but is just too good to throw out! — a garage sale might be next up on your list of to-do’s.<p>But c’mon, it’s …

25 Dividend Stocks You Can Buy and Hold Forever

iStock<p>Finding a company with a long track record of consistent dividend payments is only part of the winning formula for investing in dividend …

Increase Retirement Wealth With the Right Withdrawal Order | Investopedia

Getting money out of your portfolio is important, but just as important is knowing from which account to pull the funds, as most retirees are going …

5 ways to minimize required minimum distributions

This article is reprinted by permission from NextAvenue.org.<p>When we reach the age of 70 ½, we are given the “privilege” of beginning Required Minimum …

Retirement

Top 5 No-Load Mutual Fund Companies for DIY Investors

The Best No-Load Mutual Fund Companies<p>There's Only a Handful of Mutual Fund Companies With the Best No-Loads<p>Updated March 10, 2017<p>Finding "the best" …

Here’s How to Use Your Roth IRA for Estate Planning | Investopedia

While you’ve probably heard plenty about the retirement planning benefits of a Roth IRA, you might not be familiar with the concept of Roth IRA …

7 Best Monthly Dividend Stocks for 2017

The second half of 2016 was not kind to income investors. As bond yields rose, the prices of virtually everything paying an income stream got …

Investing

Mandatory IRA Distributions: Avoid These 3 Common Mistakes

<i>It’s hard to break a habit after 30 or 40 years isn’t it?</i> Well, if you’ve been contributing to an IRA, 401K, 403B, or TSP you’ve created a multi-decade healthy habit of saving, but when you turn 70 1/2 or older, it’s time to break that habit. Think of it as a IRA contribution cessation program …

Retirement

This easy trick will help lower your monthly bills

Here are three of the week's top pieces of financial advice, gathered from around the web:<p><b>Want lower bills? Just ask.</b><br>Your monthly bills aren't …

The Best Free Social Security Claiming Calculators

In order to determine the best time to claim Social Security, you’ll need a specialized calculator.<p>Why? Because when you take Social Security will lock in place your lifetime benefit.<p>Generally, the earlier you take it, the lower the monthly payment. Social Security will pay you a premium if you …

Retirement

5 Fidelity Funds You Can Hold Until You Die

Fidelity mutual funds are among the best on the market today, and these excel in the long term<p>Fidelity Investments is one of only a few mutual fund …

Required Minimum Distributions: 5 Things Retirees Should Know

Image source: Getty images.<p>Steve James is a patient man -- at least when it comes to his IRA.<p>James, a 66-year-old retiree living in Vermont, doesn't plan on withdrawing money from his individual retirement account any time soon. For now, he doesn't need the money.<p>"Long ago we paid off our mortgage …

How To Make Your Debt Disappear Like John Oliver Did

If John Oliver can do it, so can you.<p>Television host John Oliver announced this week that he bought—and forgave—nearly $15 million of consumer …

10 Stocks That Haven't Dropped in 5 Years

<i>By Ashley Redmond, Contributor</i><p>There are close to 3,000 companies on the world's largest stock exchange, the New York Stock Exchange. So when you're looking to invest in a reliable company, it can be difficult to find the best stocks.<p><i>Visit GOBankingRates for the latest finance news, tips and more >>></i><p>…

Use the 50/20/30 Rule to Outline Your Budget For Every Need

The best way to keep a balanced budget is to decide your financial boundaries before you start spending. The 50/20/30 rule can help you keep every …

These Are the Best Retirement Calculators

Whether you're just starting out or near retirement, you can find a helpful planning tool on this list.<p>I’ve used many retirement calculators. More …

The Secret To Increasing Retirement Income That Your Advisor Won't Tell You About

The rarely used, hidden investment class that can make a major difference in the amount of money you put in your pocket each month happens to be individual stocks. There are two shocking reasons many advisors don’t use or talk about them with clients.<p>The first is because they can’t. Many financial …

Investing

HugeDomains.com - Catchthetech.com is for sale (Catchthetech)

Hurry - once it's sold this opportunity will be gone!<p>Besides being memorable, .com domains are unique: This is the one and only .com name of it's …

Customer Service

Should you take Social Security early to avoid a likely massive Medicare premium increase in 2016?

Social Security rules are complicated and change often. For the most recent “Ask Larry” columns, check out …

IRA distribution rules every retiree should know

It takes most people their entire career to save up enough money to retire comfortably by using IRAs and other retirement accounts to help them make the most of their investments. Yet when it comes time to take money out of an IRA, failing to follow the rules can be a costly mistake. With that in …

Retirement

Level: Can A Budgeting App Change The Way We Bank?

“Level is dedicated to rewriting the financial rulebook to create a secure future for the next generation.” That’s budgeting app Level Money’s stated mission, which can be found on their website’s “About Us” page. But even as lofty as that objective sounds, co-founder and CEO Jake Fuentes says the …

Personal Finance

Burglary at Steve Jobs's Home Triggered This 'Self-Monitoring' Startup

On July 17, 2012, a burglar who had no sense of history or understanding of the capabilities of technology broke into Steve Jobs’s home in Palo Alto, CA, and took off with a bunch of iProducts as well as jewelry, the deceased man’s wallet, and other equipment. The premises were empty. The home was …

Smart Homes