Jan 29, 2021
Congress is trying to figure out a way to keep us alive. It's not our job to figure out ways to manipulate the tax code during a pandemic. However, if you did take a Coronavirus related distribution, find a way to get that back in there. Essentially, when you take those distributions, it does terrible things to...
Jan 28, 2021
Should you take social security now? Well, what is your age today? Most people believe that they want to take social security at age 62. However, most people can't answer why they want to do it. Not many people really understand that genesis of it. Primarily, it comes from pension funds. At GM – you would get...
Jan 27, 2021
One of the reasons that Wall Street loves bonds is that they mature. Then, you have to redo something with capital. About 68-70% of the market is actually driven by bonds. You would think that the stock market is larger; however, it’s not. Bonds mature, they die, then capital needs to be replenished. Here’s more...
Jan 26, 2021
Pulling money out of your accounts does not feel natural because you spent all your time putting that money in there. Another reason people do not pull money out of their accounts is that they don't need it! Lastly, there's a fear of running out of money. Those are the three pain points for why people do not take their...
Jan 22, 2021
Your trust is still valid if you move to another state. The trust can travel from state to state. When you create a trust in Indiana, it is considered an Indiana trust even after moving to Arizona. If you own property in multiple states, you will go into probate in numerous states. If you own a trust, then you won’t...