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Category Archives: retirement

All About Forecasting the Future Value of Your Roth-IRA or Roth-401(k

Curious about how much money you’ll accumulate in your Roth-IRA or Roth-401(k)? Just use Microsoft Excel to calculate a pretty good estimate says author and CPA Stephen L. Nelson.


The 6 Steps That People Who Successfully Retire Have In Common

If I said it once, I said it a million times. If success is your goal you have to begin with a financial plan. These are the 6 steps that people who have successfully retired proactively took to guarantee the financial success of their retirement plan.


How Do I Use Insurance Deductibles To My Advantage?

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Learning how to take advantage of the proper use of insurance deductibles can help you turbo-charge your wealth building efforts.


Insurance & Retirement: What Your Investment Advisor Isn’t Telling you!

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We’ve all read about the recent surveys that tell us retirees are far more concerned with protecting their income than they are with maximizing their income by taking on the risk of higher earnings or yields on their savings and investments. That’s why fixed annuities are being purchased by more and more retirees, despite advisor [...]


What Are Roth IRAs, And How Are They Different From Traditional IRAs?

The way they are funded and the rules governing withdrawing funds, are the major differences between a Roth IRA and a traditional IRA.   IRA Funding Traditional IRAs are funded with your income dollars before


How Can I Improve My 401k

401(k)’s were billed by the government and corporations as one of the most powerful tools you have to save for retirement. 401(k)’s are offered through employers and can be contributory or noncontributory.In addition to saving for retirement they were billed as one of the best tax shelters that our federal government has ever managed to [...]


What Are Key Features Of Simplified Employer Pension Plans (SEP) Plans?

As I mentioned in an earlier post, a Simplified Employee Pension Plan, is a retirement plan specifically designed for small-business owners and self-employed individuals. These plans work even if you are the only employee, as the rules are the same.  Don’t Forget To Check Out “Maximizing The Bank Of You Concept”   Key features include:


What Are Simplified Employee Pension Plans?

Don’t Forget To Check Out “Maximizing The Bank Of You Concept” Simplified Employee Pension Plans (SEP), are retirement plans designed for small-business owners and slef-employed individuals. Employers can make tax-deductible contributions on behalf of their employees because the plan is based on an IRA. That means, if you are eligible, you will not pay taxes [...]


What is a Rollover?

Don’t Forget To Check Out “Maximizing The Bank Of You Concept” No, I am not talking about what you spent the last year teaching your pet to do. The rollover that I am talking about is a procedure that the IRS designed that allows you to distribute or “roll over” assets from one retirement plan [...]


What Retirement Plans May Be Available Through My Employer

If you are trying to figure out what retirement plans are available through your employer, keep in mind that Employer retirement plans and the tax laws that back them are very complex. Do not hesitate to seek outside help if you need help determining the best plan for you. Most plans fall into one of [...]