Below you'll find a list of all posts that have been tagged as “Retirement”
Trust but Verify By Corey Keltner, Practice Development Specialist Here’s a news flash. Workers at the Social Security Administration sometimes make mistakes. It turns out that Social Security is actually pretty complex and even they have a hard time understanding all of the rules. Today I want to discuss a client situation that occurred recently with an SSN advisor. The …
How to Get the Most Out of a Social Security Analysis By Corey Keltner, Practice Development Specialist When you are preparing a retirement plan for a client, you may plug the Social Security information into your planning software and get information as to how Social Security will work within the entire plan. Today I am going to discuss why it …
The American Dream: Paying off Debt before Retirement By Corey Keltner, Practice Development Specialist Part of the American Dream is paying off a mortgage and other debt before retirement. But we know that more Americans are carrying debt into retirement. According to a Transamerica Center for Retirement Studies survey: 28% of Retirees had mortgage debt 45% of Retirees had non-mortgage …
Life Transitions in Pre-Retirement By Corey Keltner, Practice Development Specialist Let’s discuss how you can help married couples through different life transitions, starting in pre-retirement, with a focus on the Roth conversion as a way to strategically pay taxes now and avoid them later. Keep in mind that Roth distributions* avoid Federal taxes and are not included in the Social …
Social Security and the Big Financial Planning Picture By Corey Keltner, Practice Development Specialist The first Social Security tip I want to discuss relates to the bigger financial planning picture. It’s easy for clients to think that Social Security is just a switch that can be flipped on when they are ready to retire, but we really need to convince …
In the Dec. 5 DOL Digest article What’s Due When, we covered how the transaction disclosure and Best Interest Contract (BIC) language will be delivered to existing retirement accounts at two times through negative consent mailings: before the April 10 applicability date (transitional transaction disclosure) and before the Jan. 1, 2018, final implementation date (permanent transaction disclosure and BIC). One …
