Page 5 41 - 50 of 80
What Is The Employee Retirement Income Security Act (ERISA)?
On Sept. 2, 1974 (Labor Day), President Gerald Ford signed the Employee Retirement Income Security Act of 1974 into law. Close to 50 years later, this federal legislation ensures that your voluntarily established defined benefits plan (pension) or defined contribution plan (IRA or 401(k)) is protected from abuses and lack of transparency.
What Is Retirement Income Ratio?
If you’re planning for retirement, you’ve probably figured out your Social Security benefits and any distributions you might receive from pension accounts, IRAs, or 401(k) investments. You might be in the process of determining how much income you’ll need once you’re no longer drawing a consistent salary or wages. This is where the retirement income replacement ratio comes in.
What Is a Beneficiary IRA?
A Beneficiary IRA is also referred to as an Inherited IRA. It is an account opened by a person who inherits an existing IRA or an employer-sponsored retirement plan account when the original owner dies. An IRA, or Individual Retirement Account, is a means of allocating pre-tax income to investments so that they can grow in a tax-deferred manner for retirement savings. The amount of income that an individual can contribute to a traditional IRA on a tax-deferred basis is limited.
Can Retirement Accounts End Up in Probate?
For some people, avoiding or minimizing probate is a key goal guiding their estate planning. Probate court is a proceeding to manage the distribution of a deceased person's assets when there is no will, or there is a will, but there is also a dispute or some lack of clarity regarding the disposition of assets. Probate can also handle conservatorships, guardianships, and involuntary commitments.
Recapping the 2021 InvestmentNews Retirement Income Summit
In November, Realized attended the InvestmentNews Retirement Income Summit in Naples, Florida. The event provides professionals within the retirement planning industry the opportunity to network and gain knowledge on trends in retirement income planning.
Are IRA Contributions Tax Deductible?
An aspect of successful investing can be using legal tax deductions to your advantage in order to maximize your annual returns. While many people think about the New York Stock Exchange, real estate, and other investment methods when they consider investing, it’s also important to understand how to utilize an IRA in an attempt to build your own net worth. IRAs can be useful tools for investors who are looking for a way to further diversify their portfolio. Not only should you understand how to use an IRA, but also, how to use the tax advantages associated with them.
What Is Asset Allocation in a 401k?
Asset allocation in your 401(k) helps manage investment risk. You don’t need to be a seasoned investor to have a say in how your assets are going to be invested; however, you should be aware of some of the basics.
What Is the 4% Rule of Retirement?
When it is time to retire, one of the major concerns is whether there will be enough money to live comfortably throughout retirement. It is stressful to not know if you will need 10, 20, or maybe even 30 to 40 years of retirement funds.
What Percentage of Income Should Go to Retirement?
This can be a tricky question, and is one that anyone who plans to retire someday should ask, “what percentage of income should go to retirement?”
How to Calculate Retirement Income
Retirement is something that most people look forward to. The part that some people are not quite prepared for is the retirement income they will need to live a comfortable life after they stop working.
Page 5 41 - 50 of 80
