Postpone Your RMDs

Paul DursoEstate & Trusts, Retirement, Saving, Tax PlanningLeave a Comment

Tax Savings

On July 1, 2014, the IRS released the Final Regulations for “qualifying longevity annuity contracts” (QLACs). Thanks to these regulations, you will now be able to purchase certain annuity contracts that can be excluded from the fair market value you use to calculate your required minimum distribution (RMD). Ultimately, the purpose of the regulations is to make it easier to invest … Read More

Financial Tip Tuesday: What is Inflation?

Paul DursoAsset Management, Investing, Planning, Retirement, Risk Management, SavingLeave a Comment

Inflation is defined as the increase in the price of products over time. Inflation rates have historically fluctuated over the years. Sometimes inflation runs high, and other times it is hardly noticeable. The short-term changes aren’t the real issue. The real issue is the effects of long-term inflation. Over the long term, inflation erodes the purchasing power of your income … Read More