Can You Put Your IRA into a Trust?

Can You Put Your IRA into a Trust?

Can your IRA be put directly into a trust? In short, no. Individual retirement accounts (IRAs) cannot be put directly into a trust. What you can do, however, is name a trust as the beneficiary of your IRA. The trust would inherit the IRA upon your passing, and your beneficiaries would then have access to […]

Do Your Investments Match Your Risk Tolerance?

Do Your Investments Match Your Risk Tolerance?

From time to time, it is a good idea to review how your portfolio assets are allocated – how they are divided among asset classes.   At the inception of your investment strategy, your target asset allocations reflect your tolerance for risk. Over time, though, your portfolio may need adjustments to maintain those target allocations. […]

The Cost of Procrastination

The Cost of Procrastination

Some of us share a common experience. You’re driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your heart drops.   “Are you aware the registration on your car has expired?”   You’d been meaning to take care of it for some […]

Long-Term Investing Truths

Long-Term Investing Truths

You learn lessons as you invest in pursuit of long-run goals. Some of these lessons are conveyed and reinforced when you begin saving for retirement, and others, you glean along the way.      First and foremost, you learn to shut out much of the “noise.” News outlets take the temperature of global markets five days a […]

Young Growing Families Can Invest

Young Growing Families Can Invest

Put yourself steps ahead of your peers. If you have a young, growing family, no doubt your to-do list is pretty long on any given day. Beyond today, you are probably working on another kind of to-do list for the long term. Where does “saving and investing” rank on that list?   For some families, it […]

Is Now the Right Time to Go Roth?

Is Now the Right Time to Go Roth?

Will federal income tax rates ever be lower than they are right now? Given the outlook for Social Security and Medicare, it is hard to imagine them falling much further. Higher federal income taxes could very well be on the horizon, as the tax cuts set by the 2017 reforms are scheduled to sunset when […]

Save & Invest Even if Money Is Tight

Save & Invest Even if Money Is Tight

If you are under 30, you have likely heard that now is the ideal time to save and invest. You know that the power of compound interest is on your side; you recognize the potential advantages of an early start.   There is only one problem: you do not earn enough money to invest. You […]

Should You Look at Insurance as an Investment?

Should You Look at Insurance as an Investment?

Is a permanent life insurance policy an investment? One financial professional might answer that question with a “no,” while another might say “in a sense, yes.” Just as some people see a home as an investment, while others do not. Opinions differ.    Everybody can agree on the core purpose of a permanent life insurance […]