By John H. Robinson, Financial Planner Last week, the IRS issued Notice 2024-35, which provided long-awaited guidance on whether non-spouse and not-eligible designed beneficiaries (NEDBs) who … [Read more...] about IRS (Finally) Gives Definitive Guidance (Kinda/Sorta) on Required Minimum Distributions from Inherited IRAs.
States Partnering with Insurance Companies to Help Sell Long-Term Care Insurance: What Could Possibly Go Wrong?
States Partnering with Insurance Companies to Help Sell Long-Term Care Insurance: What Could Possibly Go Wrong?
(The Unfortunate Consequences of Long-Term Care Insurance Partnership Plans) By John H. Robinson, Financial Planner “The nine most terrifying words in the English language are: ‘I’m from … [Read more...] about States Partnering with Insurance Companies to Help Sell Long-Term Care Insurance: What Could Possibly Go Wrong?
Do I really need a financial planner?
Do I really need a financial planner?
Access to virtually all human knowledge (financial and otherwise) resides just a click away on the Internet. This has caused some consumers and media pundits to speculate whether the need for … [Read more...] about Do I really need a financial planner?
Fee-Only Consulting on Long Term Care Insurance: What if the company that issued my policy fails?
Fee-Only Consulting on Long Term Care Insurance: What if the company that issued my policy fails?
The LTC insurance market has been in turmoil for more than a decade as insurance companies have come to the grim realization that the policies they issued in the 1990s and early 2000s were badly … [Read more...] about Fee-Only Consulting on Long Term Care Insurance: What if the company that issued my policy fails?
Don’t Make this Mistake with Non-Deductible IRA Contributions
Don’t Make this Mistake with Non-Deductible IRA Contributions
Since 1987, individual investors who were not eligible to make deductible traditional IRA contributions have still been permitted to make non-deductible contributions. The original allure of this … [Read more...] about Don’t Make this Mistake with Non-Deductible IRA Contributions