Category: IRAs

The Savings Game: The Advantages of Life Insurance Over Retirement Accounts

By Elliot Raphaelson From Tribune Content Agency Although Ed Slott (IRAhelp.com) is an expert in IRAs and other retirement plans, he consistently points out that permanent life insurance has significant advantages for long-term retirement planning. The ramifications of the SECURE Act of 2019 only magnify these advantages in contrast to investing through taxable retirement accounts….



Is an Annuity a Good Investment?

What springs to mind when you think of investing? You probably envision Wall Street and the frantic pace of the New York Stock Exchange floor. There are some of you who may visualize Fortune 500 ticker symbols. You could also think of the less exciting pie chart on your annual mutual fund report if you’re…


Retirement: With Inflation Higher, Should You Break the 4% Rule?

By Sandra Block From Kiplinger’s Personal Finance One of the most perplexing questions facing retirees is this: How much can I withdraw from my savings each year without running out of money? For many, the answer has been to use the 4 percent rule, developed by William Bengen, an MIT graduate in aeronautics and astronautics who…


Best Retirement Plans–Broken Down By Rankings

There was a time when workers could depend on an employee pension plan and Social Security to cover their retirement expenses. ‌Nowadays, pensions are ‌scarce. And, the future of Social Security is murky at best. Maybe this is why one in four Americans haven’t saved anything for retirement. And, those that did, aren’t saving enough. But, it doesn’t have to be this…