Traditional 401(k)

Advice of Maximizing Social Security benefits – please follow the law.

With the current world pandemic brought on by the Coronavirus aka Covid-19 financial advice on what to do is flowing and yet again within that advice federal law is being neglected – it is sort of like Groundhog Day, but with a lockdown. CNBC is back at with its aptly titled “This costly Social Security […]

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Roth conversion to an Annuity: No better time than now

When it comes to retirement the key is income. The issue with this key, though, is that the federal government has changed the rules of retirement which has wound up directly impacting it. The rules created by the federal government, which have to be addressed well before retirement are: You must enroll into Medicare when […]

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Traditional 401(k) verse a Roth 401(k)…when you health is on the line a Roth wins every time

The choice of investing into a Traditional 401(k) or a Roth 401(k) has been a debate since the Roth was designed and consensus tells us that they way to go is with the Traditional 401(k) as that is how many investors have gone. Unfortunately, when certain legislation concerning health coverage is applied this may not […]

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You may be better off smoking than investing into a Traditional IRA or 401(k)

It’s not up for debate, smoking is bad for you. It leads to cancer, harms every single organ in the body and has become somewhat expensive as well, but when planning for retirement you may be better off smoking than investing into a Traditional IRA or 401(k). Sounds ridiculous, we know, but with the understanding […]

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