Category Archives: Life Changes

401k rollover

Changing Jobs? Don’t Forget About Your 401(K)

401kOne of the most important questions you face when changing job is what to do with the money in your 401(k) because making the wrong move could cost you thousands of dollars or more in taxes and lower returns. Continue reading

retiring overseas

Avoiding Tax Surprises When Retiring Overseas

retirement abroadAre you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it’s important to look at the tax implications because not all retirement country destinations are created equal. Continue reading

social security and taxes

Social Security Benefits and Taxes: The Facts

social securitySocial Security benefits include monthly retirement, survivor, and disability benefits; they do not include Supplemental Security Income (SSI) payments, which are not taxable. Continue reading

Choosing a Retirement Destination: Tax Considerations

retirementWith health care, housing, food, and transportation costs increasing every year, many retirees on fixed incomes wonder how they can stretch their dollars even further. One solution is to move to another state where income taxes are lower than the one in which they currently reside. Continue reading

Taking Early Withdrawals From Retirement Accounts

early withdrawalWhile taking money out of a retirement fund before age 59-1/2 is usually not recommended, in certain cases, it may be unavoidable, especially during times of economic crisis. If you need cash and have a retirement fund you can tap, here’s what you need to know. Continue reading

EXITING A BUSINESS: WHICH OPTION IS RIGHT FOR YOU?

Exiting a BusinessSelecting your business successor is a fundamental objective when planning your exit strategy and requires a careful assessment of what you want from the sale of your business and who can best give it to you.

There are only four ways to leave your business and the more you understand about each one, the better the chance is that you will leave your business on your terms and under the conditions you want. With that in mind, here’s what you need to know about each option: Continue reading