Sentences with phrase «additional retirement assets»

This means that taxes you deferred over the years, coupled with additional retirement assets, may find you retiring back to your current tax bracket, or possibly higher without proper retirement income planning.

Not exact matches

thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!

Once I roll over my retirement plan assets into a Vanguard IRA, can I make additional contributions to my account?

Since the growth of your policy's cash value is tax - deferred, variable life insurance might be a good consideration if you've maxed out your retirement account contributions, have a sizable portfolio of more liquid assets (such as in your brokerage and savings accounts), and are looking for an additional investment vehicle that also offers coverage to your dependents should anything happen to you.

Once I roll over my retirement plan assets into a Vanguard IRA, can I make additional contributions to my account?

And in a session during which I talked about arriving at the right asset allocation for retirement, I noted that, while immediate annuities are not for everyone, adding one to a retirement income plan can not only provide additional income that will last as long as you live, but also contribute to a more secure and happier retirement.

Opening up your own business adds additional risks to your family's finances, but also greatly increases the amount you are able to contribute to tax advantaged retirement accounts through SEP IRAs and Solo 401 (k) s. Early retirement may mean saving in a taxable account with proper asset allocation, vacations may mean budgeting for extra expenses.

But they do offer a way to generate additional retirement income, while maintaining control over your assets and possibly allowing you to bequeath at least part of the money to your children or other family members.

Participants who are nearing retirement, have amassed outside assets and are looking for additional services may find them most useful.

This allows you to take profits from your various assets (real estate, oil, dividend stocks, you name it) and convert those profits into tax free dollars via policy loans, to use for additional cash flow asset purchases, large ticket purchases (vehicles, office equipment), retirement income, etc..

So, whole life is a thoroughly predictable retirement plan compared with market based retirement account assets, and as stated in # 2 above, this forecast is very conservative when considering likely dividends and additional interest and cash accrual that will occur when the whole life policy with paid - up additions rider is utilized as a strategic self banking strategy.

If the monthly targeted retirement savings exceed what is allowed to be saved in an IRA or employer's plan, building additional assets in a taxable account or an emergency fund may be considered.

Adrian Mastracci, portfolio manager of Vancouver - based Lycos Asset Management Inc. says funding the ever demanding retirement years can be fraught with fears and trepidation and any additional options that help retirees from running out of money in their later years are welcome strategies.

These costs reflect the amount of assets required today (at age 55) to fund the desired retirement starting at age 65, assuming the couple did not make any additional contributions to their savings in the future.

Additional Resources: Splitting up retirement assets in a divorce, Sept. 13, 2013, Bankrate.com More Blog Entries: In re: Marriage of Honer — Valuation of Marital Assets, June 18, 2015, Indiana Divorce Lawyeassets in a divorce, Sept. 13, 2013, Bankrate.com More Blog Entries: In re: Marriage of Honer — Valuation of Marital Assets, June 18, 2015, Indiana Divorce LawyeAssets, June 18, 2015, Indiana Divorce Lawyer Blog

The tax - preferential treatment provided to life insurance allows an individual to have greater flexibility over which dollars to use during retirement, and depending on the type of life insurance, it can also provide a non-correlated asset to the portfolio providing additional diversification.»

Since the growth of your policy's cash value is tax - deferred, variable life insurance might be a good consideration if you've maxed out your retirement account contributions, have a sizable portfolio of more liquid assets (such as in your brokerage and savings accounts), and are looking for an additional investment vehicle that also offers coverage to your dependents should anything happen to you.

Even though it's called a Property Settlement Agreement, this agreement covers much more than the division of property or equitable distribution of property — it's also about child custody, parenting time, division of assets (including personal property, real estate such as the marital home, retirement assets and pensions, and businesses), alimony, and any other additional issues that must be determined in furtherance of divorce or dissolution of marriage.

In making an equitable apportionment of marital property, the family court must give weight in such proportion as it finds appropriate to all of the following factors: (1) the duration of the marriage along with the ages of the parties at the time of the marriage and at the time of the divorce; (2) marital misconduct or fault of either or both parties, if the misconduct affects or has affected the economic circumstances of the parties or contributed to the breakup of the marriage; (3) the value of the marital property and the contribution of each spouse to the acquisition, preservation, depreciation, or appreciation in value of the marital property, including the contribution of the spouse as homemaker; (4) the income of each spouse, the earning potential of each spouse, and the opportunity for future acquisition of capital assets; (5) the health, both physical and emotional, of each spouse; (6) either spouse's need for additional training or education in order to achieve that spouse's income potential; (7) the non marital property of each spouse; (8) the existence or nonexistence of vested retirement benefits for each or either spouse; (9) whether separate maintenance or alimony has been awarded; (10) the desirability of awarding the family home as part of equitable distribution or the right to live therein for reasonable periods to the spouse having custody of any children; (11) the tax consequences to each or either party as a result of equitable apportionment; (12) the existence and extent of any prior support obligations; (13) liens and any other encumbrances upon the marital property and any other existing debts; (14) child custody arrangements and obligations at the time of the entry of the order; and (15) such other relevant factors as the trial court shall expressly enumerate in its order.