QDRO for Married Couples without Divorce: Pay Less Taxes/Other Benefits

We will begin a series of blogs dealing with an innovative retirement planning concept for married couples over the next several months. Be on the lookout for information related to a QDRO for married couples. This can be an effective method of deferring tax liability, gaining control over investments, accessing retirement plan funds to pay […]

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Do You Need Money From Your Retirement Accounts?

In the current economy, a retirement plan, IRA, 401(K), or other qualified plan, is often a family’s largest asset. With loans difficult to obtain, accessing retirement funds may be critical, especially if you can do without early-withdrawal penalties. The general rule is that for persons under the age of 59 ½ early withdrawal costs a 10% penalty […]

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Required Minimum Distributions Are Back for 2010

You would probably be hard pressed to name a positive result of the 2008 market crash, but Congress did make one temporary change that benefited retirees over age 70-1/2.   A one-year moratorium on required minimum distributions (RMD) from IRA and 401(k) accounts was enacted for the year 2009. This helped seniors in two ways.  First, […]

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