Tag Archives: IRA

Don

Inheriting an IRA? It Pays to “Stretch” It

What happens to an IRA when it is inherited by the account owner’s children? Myth: The account is gobbled up in a combination of estate taxes and income tax. Reality: Under present regulations that allow for a $5 million exemption  Continue Reading »

Tags: , ,
Posted in Financial Education, Reaching Retirement | | Leave a comment
Don

“Next Generation” Investing: Introducing Children to the Basics

Are you looking for a way to get your children or grandchildren introduced to saving and investing? If so, I have a strategy for you to consider. It may also help them to build a nest egg that will give  Continue Reading »

Tags: , ,
Posted in Financial Education, Reaching Retirement | | Leave a comment

Getting to “You’re Hired”: Tips for Job Interviews & Transition

Congratulations, you’ve written a powerful resume, and you’ve been selected to audition for your dream job. What are the next steps to turn the dream into a reality? Here are a few pointers about job interviews and transition issues that  Continue Reading »

Tags: , ,
Posted in Banking Basics, In the Community | | 1 Comment
Don

Are You Financially Prepared for Retirement?

A study by the Center for Retirement Research at Boston College concluded that Americans need to focus more on investment savings. It revealed that as of 2009, 41% of early Baby Boomers, 48% of late Boomers and 56% of Gen-Xers  Continue Reading »

Tags: , ,
Posted in Reaching Retirement | | Leave a comment
Don

Don’t Scramble Your Nest Egg: Resist the Urge to Access Retirement Funds While Unemployed

The recession and its aftermath have led to periods of unemployment for many workers, in some cases for the first time in their careers. During these times, it is important to resist the temptation to withdraw money from any of  Continue Reading »

Tags: , ,
Posted in Reaching Retirement | | Leave a comment
Don

Is 2010 the Time For a Roth IRA Conversion?

A common question in retirement planning is, “What type of IRA is best: a Traditional IRA or Roth IRA?” The next logical question is, “Does it make sense to convert a Traditional IRA to a Roth?” The answers, of course,  Continue Reading »

Tags: , , ,
Posted in Financial Education, Industry News, Reaching Retirement | | Leave a comment