105 Articles Under This Category. Now Displaying Page 3
Moving to Thailand - - Mitch Bowler
Situated in the Southeast Asian region, Thailand boasts off its wonderful beaches that house an incredible marine life. Thailand is a great destination for retirement if you want to get away from the Western culture, because here you'll experience total immersion of Thailand culture. Its climate... Submitted 1 year 356 days ago.

Mexico Retirement - - Mitch Bowler
Mexico is one of those countries closest to the USA in the South. While there are numerous Mexicans who cross the boarder to live the American dream, little did they know that a tantamount of American retirees is also plaguing their country. Why? Because Mexico has it all low cost of living... Submitted 1 year 358 days ago.

Thinking of Retiring in Costa Rica? - - Mitch Bowler
Costa Rica is a Spanish word which means "Rich Coast". It is officially called the Republic of Costa Rica. The cost of travel is more expensive than any other countries in Central America but cheaper than United States and Europe. To enjoy your stay in Costa Rica you have to learn their language... Submitted 1 year 359 days ago.

Costa Rica Retirement - - Mitch Bowler
So Many Reasons to Retire in Costa Rica If you want to live a laid-back life, then Costa Rica is suitable for you. Since this is a sub-tropical country, one is privileged to enjoy many activities under the sun all year long. Costa Rica is lucky to have immaculate beaches to brag about. There are... Submitted 1 year 360 days ago.

How To Become A Millionaire - - Jim Anderson
Becoming a millionaire is not as complicated as people think. It is simply understanding math and using it to grow your savings over time. Most millionaires get that way slowly, it doesn't happen overnight. You also probably don't realize they are a millionaire because they don't look like it. So... Submitted 2 years 133 days ago.

Asset Protection Trust: Beneficiary Defective Inheritor's Trust (BDIT) - - Rocco Beatrice
This is another rung on the ladder of estate planning and trusts. Keep in mind that one misstep could send you down to the bottom of the board again Similar to the children's game of Chutes and Ladders. If properly planned, the DAPT can turn into something called a beneficiary defective... Submitted 2 years 143 days ago.

Irrevocable Trusts in Medicaid Asset Protection Planning - - Rocco Beatrice
Irrevocable Trusts for Protecting Assets in Medicaid Planning While transferring assets is a great way to protect your assets and gain eligibility for Medicaid, there is a major disadvantage to asset transfers. When you transfer an asset, you basically give it away. This means that you no longer... Submitted 2 years 148 days ago.

Roth IRA: Cap Salary Filing Joint - - Rocco Beatrice
Roth IRA Contribution Limits Before you add any funds to your IRA, it is very important to know what the annual IRA contribution limits are. These figures can change each year, so before you add funds to your account after you have filed your taxes, be sure to check for updated information.... Submitted 2 years 149 days ago.

Understanding Roth IRA Rules & Regulations - - Rocco Beatrice
Understand Your Roth IRA As we well know, a Roth IRA is an excellent wealth building tool and it can help you prepare and financially plan for your retirement. While this is common knowledge, there are many rules and regulations associated with a Roth IRA that most people do not know about.... Submitted 2 years 149 days ago.

How to Backstop Your Roth IRA - - Rocco Beatrice
Many investors have felt the negative impact of the failing stock market. Over the past few years, millions of dollars have been lost. Now, people are looking for a new way to backstop their Roth IRA. While it may seem like an endless search for an unknown answer, there is hope! There is now a... Submitted 2 years 149 days ago.

Medicaid Planning Strategies - - Rocco Beatrice
Medicaid Planning Strategies Though it may seem impossible, there are ways to plan ahead for Medicaid. Most people believe they have to rid themselves of all income and assets in order to receive benefits, but this is not always true. These strategies will help you plan for the future so your... Submitted 2 years 151 days ago.

Backstop Roth IRA - - Rocco Beatrice
Backstop Roth IRA: How to Eliminate the Downside of the Stock Market and Improve Your IRA & amp; Retirement Plan Investing In the past year, the stock market has collapsed and most baby boomers are wondering how they could possibly retire not to worry, because instead, companies are just laying... Submitted 2 years 161 days ago.

Tips for Dealing with a Self-Directed IRA - - Chris Duncan
A Self-Directed IRA can be a great vehicle to increase your earnings for your IRA investments. However, there are a few things to consider. The basics of a self directed IRA are you set-up a custodian to hold your IRA assets, but unlike IRAs held by traditional brokers, you make the decisions... Submitted 2 years 178 days ago.

Does Owning Rental Property Help You on Your Taxes? - - Rocco Beatrice
The answer to this question will depend on a variety of factors. The determining factors are included if you have a mortgage or own the rental property outright. In order to receive any tax breaks on property, you will need to itemize your taxes. This task should be dedicated to a CPA so it is... Submitted 2 years 205 days ago.

Good Retirement Investing Advice & Strategy-Tips to Rebuild Retirement Savings - - Rocco Beatrice
Retirement Blues: From Pension Plan to 401k Plan-Sound Retirement Investing Advice We are all still feeling the impact of the financial crisis from 2008. The pension crisis has been brought to the attention of Congress. When President Bush was leaving office, one of his final actions was the... Submitted 2 years 215 days ago.

Roth IRA on Roids Improve Your IRA & Retirement Plan Investing - - Rocco Beatrice
How would you like to discover little known retirement wealth building tool that practically will pay for itself? You don't have to go offshore to get tax free distributions for retirement, you don't have to worry about tax free IRA distributions, and you don't have to hide your money. It's... Submitted 2 years 253 days ago.

IRA on Death, IRD, Taxes and Stretch IRA-How the IRA distribution is dependent upon the IRD - - Rocco Beatrice
The unpleasant TRIGGER word in the IRS dictionary is "IRD" ncome in [R]espect of a [D]ecedent, Internal Revenue Code (IRC) Section 691. Income in Respect of a Decedent (IRD) refers to those amounts to which a decedent was entitled as gross income, but which were not properly includable in... Submitted 2 years 253 days ago.

Large IRA and IRD: Income In Respect of a Decedent - - Rocco Beatrice
Jumbo IRAs, large 401Ks, and other qualified pension money are subject to a double tax up to 80% if the owner of the large IRA dies with an estate tax problem. IRD: "Income in Respect of a Decedent" Internal Revenue Code Sec. 691(c) refers to those amounts to which a decedent was entitled to... Submitted 2 years 264 days ago.

Six Critical Points To Consider When Choosing a Professional Trustee - - Joseph Hollak
When you entrust your assets to a professional trustee, the institution you select assumes responsibility for carrying out the personal wishes you have documented. These include the administration of your trust, and, in many cases, investment management of your assets. As these are important... Submitted 2 years 311 days ago.

Trust Beneficiaries --- What Kind Of Discretion Do Your Trustees Have? - PRA Law
Are you the beneficiary of a trust? If so, chances are the trust document bestows discretion in some form upon the trustees in making distributions of income and/or principal to you. How much discretion depends upon the precise wording of the trust and how the law interprets those words. There... Submitted 2 years 324 days ago.

Disclaim and Save Taxes: A New Jersey Estate Tax Primer - PRA Law
As of January 1, 2009, you can pass upon your death $3,500,000.00 to anyone without having any Federal Estate Tax imposed. This exclusion amount is an increase of $1.5 Million Dollars over the $2 Million Dollar exclusion available in 2008. Thus, it is now possible for a married couple to pass a... Submitted 2 years 353 days ago.

Life Stages and Financial Planning - - Ted Krestanowich
As one goes through life's stages your goals and requirements will change. What is right for you at age 25 is probably not the same as when you are 55. A financial plan will assist you in reaching those goals, and at a minimum will bring peace of mind. As the American baseball player/philosopher... Submitted 3 years 152 days ago.

Wealth Management and What You Might Expect From a Financial Planner - - Ted Krestanowich
The wealth management process starts by establishing a strong relationship with an individual whom you trust. That individual must operate the highest ethical level and have your interests at heart. The individual selected must be able to assist in wealth management, and should be able to provide... Submitted 3 years 152 days ago.

I'm Spending My Children's Inheritance - Rebecca Ashby
Have you ever seen the bumper sticker "I'm spending my children's inheritance"? When I first saw this sticker, I thought how selfish and thoughtless for seniors to frivolously spend their assets and not leave them for the young folks. I assumed that this attitude connoted greed. Looking at it... Submitted 4 years 44 days ago.

Retirement Planning For Canadians! - Tennyson
What is retirement planning? A simple definition is: The setting aside of enough money during ones income earning years to provide an income during retirement. Seems simple enough, doesnt it? In years gone by it was possible for the money set aside in this manner and supplemented by... Submitted 4 years 83 days ago.