Stretch IRAs still exist for some beneficiaries

From: www.investmentnews.com

Although the SECURE Act eliminated stretch IRAs for most beneficiaries, replacing them with the 10-year post-death payout rule, some beneficiaries can still use a stretch IRA.

The so called “stretch IRA” allows designated beneficiaries to extend required minimum distributions and the tax deferral over their life expectancy based on their age in the year after death. Designated beneficiaries are individual beneficiaries named on…

11 New Findings on How 5 Million Americans Are Saving for Retirement: Vanguard

From: www.thinkadvisor.com

Vanguard on Tuesday released the latest edition of How America Saves, its report on 401(k) plan design and retirement savings habits.

Based on an examination of retirement plan data from 5 million defined contribution plan participants across Vanguard’s recordkeeping business, the report found that while employers have made significant progress in adopting leading plan…

Video: Inflation, Correlation, Duration, and Your Bond Portfolio

From: www.lordabbett.com

In this video, Lord Abbett investment Strategist Joseph Graham examines ways to navigate risk in today’s fixed income environment.

7 Inflation-Fighting Strategies for Clients in or Near Retirement

From: www.thinkadvisor.com

Inflation is at the highest level we’ve seen in decades. This has affected virtually all aspects of our economy and the finances of many Americans. A group of clients who could be especially susceptible to the impact of inflation are those in or near retirement.

Here are some strategies to help this group of clients…

5 Ways to Lower RMDs, Help Clients Reduce Medicare Surcharges

From: www.thinkadvisor.com

As your clients who are using Medicare know, Part A is free, but there is a monthly premium for Parts B and D.

There is a base premium, and this premium will increase if your client earns too much money.

Part B is the medical insurance coverage under Medicare, Part D is prescription drug coverage. IRMAA stands for income-related monthly adjustment…

By Mary Shannon

Individuals often move after retiring. Perhaps they were forced to relocate for work and now want to return to their hometown to be closer to family or travel to a place with a warmer climate, less congestion, or more privacy. Many downsize to a smaller house or go to a place with a lower cost of living to account for a smaller income as part of their retirement plan.

If you are among…

Ultimate Tools to Longevity Risk Planning

From: Joeseph Clark, CFEd®, RFC®

Managing risk is as important today as it has always been. For example, when it comes to our biggest asset, our home, we’re protected with homeowners insurance. When it comes to our cars and the risk of liability in the event of an accident, our autos are insured. And of course, when it comes to our health and the enormous…

The Biggest Wealth Transfer

From: Joeseph Clark, CFEd®, RFC®

It has arrived, the money’s in motion. The money tsunami of over 20 trillion dollars. The age of the Baby Boomers, of 10,000 people turning age 65 years old for the next 19 years in the U.S. since January, 2011.

As Boomers pull the plug with employment and head into retirement, there is an extremely important need for new ways to preserve…

Real World Index Annuity Returns

From: Wharton Financial Institutions Center

Abstract

• We offer the first empirical exploration of fixed indexed annuity returns based upon actual contracts that were sold and actual interest that was credited.
• Annuity returns have been competitive with alternative portfolios of stocks and bonds.
• Their design has limited the downside returns associated with declining markets.
• They have achieved respectable returns in more robust equity markets.
• Studies that have…