Jeffrey Diercks

Move It Now: 5 Reasons to Rollover That Retirement Plan

According to the Employee Benefits Research Institute, 1 out of every 3 workers changes jobs without taking their retirement plan assets with them . For many this is because they may feel intimidated about or do not understand the transfer process. For some this oversight might be because they fancy themselves as too busy to mess with this process. For a select few, they deem their former... (posted by Jeffrey 1 year 105 days ago.)

Required Minimum IRA Distributions: Timing is Everything to Maximizing Returns (Part 2)

In part one of this article, we made the case that the proper timing of taking your required minimum distributions (RMD) could help you improve your investment results. We also showed how a 72 year retiree in a rising market would generally do better to wait before making his or her RMDs until the end of the calendar year due to the effect of compounding. Finally, we... (posted by Jeffrey 2 years 17 days ago.)

Required Minimum IRA Distributions: Timing is Everything to Maximizing Returns (Part 1)

If you are a retiree, how often have you given a second thought to the timing of your required minimum distributions or RMDs from your retirement account(s)? Every U.S. retirement account owner over the age of 70.5 years (except Roth IRA owners) must take an annual RMD, but the tax law does not specifically stipulate the exact timing of such distributions, except that... (posted by Jeffrey 2 years 17 days ago.)

Healthcare Reform Means Change For Your Portfolio

Despite the fact that 59% of Americans oppose President Obama's plan, according to CNN, and more than 48% oppose the plan, according to CBS News, the President and his minions have passed healthcare reform in the House. Reconciliation with the Senate is next and this process is likely to increase, not decrease, the tax burden on Americans for this new socialization of U.S. medicine. So what is the... (posted by Jeffrey 2 years 65 days ago.)

The Affluent Have a Secret You Need to Know

Yes, that is right your friends have been holding out on you. They have a dirty little secret that would surely make life easier for you if they would only have shared this simple fact. However, if they shared it with you, it would no longer be their little secret. I know this secret and will gladly pass it along ready to you. If you do one simple thing for me, act on it. Don't fritter it away. Do something... (posted by Jeffrey 2 years 70 days ago.)

The Great Government Money Grab: Roth IRA Conversions

It seems I cannot pick up a financial publication these days without reading a story about the special 2010 exemption that lets IRA owners convert to Roth IRAs regardless of their earnings level. In the past to convert an IRA to a Roth IRA, you needed to have an adjusted gross income of less than $100,000 for married filing joint taxpayers. (See... (posted by Jeffrey 2 years 93 days ago.)