First, you should know that I don’t suffer from triskaidekaphobia (fear of Friday the 13th). But, today’s post covers an issue that many of you may come to fear, should you not heed the warnings herein.
Continue reading Friday the 13th
Changes are coming to our 401(k) plans. Sure, the House passed Secure 2.0 (in a bipartisan fashion with a vote of 414 to 5) last March. But, now the Senate is finally getting into the act. The Senate Finance Committee just advanced their version of the bill to the full Senate. The odds are the reconciled bill will be part of a larger fiscal bill to be passed around the November elections.
Continue reading Retirement Plans are Getting Jiggered
I barely remember when IRA (Individual Retirement Accounts) came into being. That came about during my first year of marriage (1974)- and, was the first chink in the armor destroying the American pension system that obtained.
Continue reading Retirement Plans- stacked for the rich and for bribing Congress
Way back in 1978, we started our 401(k) program. Back then, no one knew what that vehicle was. But, the Revenue Act of 1978 let us set up the ASTRE Profit Sharing and Pension Plan.
Continue reading Can you spare a dime?
You know that old joke about being your own lawyer means you have a fool as a client? Well, in this case, Alvan Bobrow proved that – and also made it worse for the rest of us.
Continue reading Rollovers are NOT transfers
