financial planning advisors

by Ryan W. Smith Managing retirement account withdrawals is not as simple as setting up a monthly deposit into a checking account. Making sure funds last as long as possible, whether drawn to pay expenses …

Here are some of the best ways to minimize the tax burden when withdrawing money from a retirement account: 1) Take the Required Minimum Distribution after age 70.5 2) Pay Attention to Taxable Amounts on …

Prudent advisors will begin to look at tax ramifications early in their relationship with a client. For example, Capital Gain Harvesting while a client still has a lower tax rate. Because there is no wash-gain …

Tax concerns for retirement withdrawals are among the most important variables to ensuring that retirement accounts provide the necessary income needs, and hopefully, estate assets that a retiree wants to leave. Often it is unplanned …

by Ryan W. Smith The annuity industry is undergoing massive changes. While many changes were already beginning to appear, once the Department of Labor announced its final Fiduciary Rule in the spring of 2016 reforms …

Yes, legally the rule can be stopped from full implementation. However, many companies have already made process shifts, product and compliance changes that they would most likely not roll back if the rule was stopped. …

Indexed annuities are increasing in market share in the annuity world, while variable annuities have shrank. Some in the industry believe these two factors are related but there are other dynamics at play. For example, …

When the new Fiduciary Rule goes into full effect in April 2017, if the incoming President and unified Congress do not block its implementation, all annuities (fixed, variable and indexed) will be governed by the …

by Ryan W. Smith Talking about money and personal finances is still considered distasteful in American culture at-large. Capitalism is the foundation of our economy and “money makes the world go ‘round,” but many people …