Retirement Accounts - Page 2 of 2

Apr 11, 2018 | By Kyle Robbins | Read Time: 2 minutes | Insurance

Washington State AG Goes After Deceptive “Free Lunch” Estate Planning Seminars

Investigators at the Washington State Attorney General’s office allege that so-called “free lunch” seminars were used to ultimately sell complicated investments and cash in on commissions. As KOMO News reports on its website in the story, “State lawsuit accuses estate-planning company of being a deceptive “Trust Mill,”” the lawsuit filed in King County Superior Court names CLA Estate Services, Inc., CLA USA Inc.,...

Apr 10, 2018 | By Kyle Robbins | Read Time: 2 minutes | Retirement Accounts

How Your Pension Fits Into Your Estate Planning

Pensions, unlike property, can be inherited tax-free. That means savers are increasingly looking to pass on their policies, according to Morningstar’s recent article, “Why Pensions are Vital to Estate Planning.” Company pensions—whether defined benefit or defined contribution—have different rules as to who can inherit in the event of a member’s death, as well as how much can be passed on to the...

Mar 27, 2018 | By Kyle Robbins | Read Time: 2 minutes | Retirement Accounts

All About Self-Employed IRAs

Self-employed individuals can establish a “solo 401(k),” which is a special type of retirement plan for someone who’s self-employed or a business owner with no employees (other than a spouse). A person can fund it with about 20% of net profits when times are good; you can skip contributions during lean years. As Kiplinger says in the article, “Retirement Savings Plans for...

Mar 26, 2018 | By Kyle Robbins | Read Time: 2 minutes | Life Insurance

How to Name Your Beneficiaries the Right Way

Are you certain that the beneficiaries you designated to receive your assets are up-to-date? Are your assets titled correctly, and has anything changed since the last time you reviewed them? As WTOP’s recent article, “7 common mistakes to avoid when naming your beneficiaries,” explains, after any major life change, like a marriage, divorce, birth of a child, or death of a spouse, you...