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About RonO805672

RonO805672
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Retirement

Re: Your IRA and your Life Insurance

The new amendment of Section 7702 of the U.S. Tax Code will take effect on January 1st. You made a lot of valuable suggestions. A IUL is considered the best policy for estate planning and retirement, that too has optimum loan features to for tax avoi...
RonO805672 12-21-2021 05:18 AM
0
Replies
0
Kudos
1330
Views

Retirement

Re: 401k to IRA for disbursement

You definitely want to move your monies from your 401k to a traditional IRA. If you no longer work at the company they are no longer a fiduciary on your behalf and your 401k fees are much higher.
RonO805672 12-16-2021 05:13 PM
0
Replies
0
Kudos
1991
Views

Retirement

Re: Any Retirement Aha Moments? 👴👵

Do you know what your social security will pay monthly today? Because if you're not working you are missing out on the income to forgo a larger paycheck at 70. How much income will you lose over the next 7 years to get 132% of income. Also keep in mi...
RonO805672 12-16-2021 04:56 PM
1
Reply
3
Kudos
7196
Views

Retirement

Your IRA and your Life Insurance

What do you think should be donewith a life insurance policy that you've been paying on for a long time and no longer need and your retirement account is performing well?
RonO805672 12-16-2021 04:39 PM
2
Replies
0
Kudos
1477
Views

Retirement

Re: Your IRA and your Life Insurance

The new amendment of Section 7702 of the U.S. Tax Code will take effect on January 1st. You made a lot of valuable suggestions. A IUL is considered the best policy for estate planning and retirement, that too has optimum loan features to for tax avoi...
RonO805672 12-21-2021 05:18 AM
0
Replies
0
Kudos
1330
Views

Retirement

Re: 401k to IRA for disbursement

You definitely want to move your monies from your 401k to a traditional IRA. If you no longer work at the company they are no longer a fiduciary on your behalf and your 401k fees are much higher.
RonO805672 12-16-2021 05:13 PM
0
Replies
0
Kudos
1991
Views

Retirement

Re: Any Retirement Aha Moments? 👴👵

Do you know what your social security will pay monthly today? Because if you're not working you are missing out on the income to forgo a larger paycheck at 70. How much income will you lose over the next 7 years to get 132% of income. Also keep in mi...
RonO805672 12-16-2021 04:56 PM
1
Reply
3
Kudos
7196
Views

Retirement

Your IRA and your Life Insurance

What do you think should be donewith a life insurance policy that you've been paying on for a long time and no longer need and your retirement account is performing well?
RonO805672 12-16-2021 04:39 PM
2
Replies
0
Kudos
1477
Views

Retirement

Re: Your IRA and your Life Insurance

The new amendment of Section 7702 of the U.S. Tax Code will take effect on January 1st. You made a lot of valuable suggestions. A IUL is considered the best policy for estate planning and retirement, that too has optimum loan features to for tax avoi...
RonO805672 12-21-2021 05:18 AM
0
Replies
0
Kudos
1330
Views

Retirement

Re: 401k to IRA for disbursement

You definitely want to move your monies from your 401k to a traditional IRA. If you no longer work at the company they are no longer a fiduciary on your behalf and your 401k fees are much higher.
RonO805672 12-16-2021 05:13 PM
0
Replies
0
Kudos
1991
Views

Retirement

Re: Any Retirement Aha Moments? 👴👵

Do you know what your social security will pay monthly today? Because if you're not working you are missing out on the income to forgo a larger paycheck at 70. How much income will you lose over the next 7 years to get 132% of income. Also keep in mi...
RonO805672 12-16-2021 04:56 PM
1
Reply
3
Kudos
7196
Views

Retirement

Your IRA and your Life Insurance

What do you think should be donewith a life insurance policy that you've been paying on for a long time and no longer need and your retirement account is performing well?
RonO805672 12-16-2021 04:39 PM
2
Replies
0
Kudos
1477
Views
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Date Registered ‎12-16-2021 07:01 PM
Last Visited ‎02-26-2022 04:01 PM
Total Messages Posted 4
Total Kudos Received 3
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