Cautionary Warning Regarding Home Storage Gold IRA
May 28, 2016
Have you heard advertisements for Home Storage Gold IRAs? These ads claim to allow you to physically store gold and other precious metals while you hold them in an IRA. Jim and Chris discuss Home Storage Gold IRAs and give a cautionary warning regarding this practice. They also look into common Required Minimum Distribution (RMD) mistakes people make....
Listen NowName a Beneficiary!
May 21, 2016
Yet another reason why it is important to name a beneficiary! Jim and Peter discuss an IRS Private Letter Ruling (PLR) that involves an instance where an IRA was left to an estate. Because of circumstances specific to this case the IRS allowed this IRA to be rolled over to an Inherited IRA, but things would have been a lot easier if the deceased had just named a beneficiary. Also, Jim and Peter...
Listen NowUsing QLACs
May 14, 2016
Jim and Chris have talked about QLACs (Qualified Longevity Annuity Contracts) before, but how do QLACs work in real life? During this show, Jim and Chris discuss practical, real-life examples of using QLACs as part of a retirement plan. This show discusses Qualified Longevity Annuity Contracts (QLAC) which are fixed insurance products. QLACs are offered for sale through Jim Saulnier and...
Listen NowIRA Questions
May 7, 2016
Jim and Chris answer IRA questions and Social Security questions from listeners. If you started contributing to a Roth IRA and then got a promotion at work that pushed you above the earnings limits for a Roth, what is the best thing to do with the funds you already contributed? If a 66 year old is still working and hasn’t filed for Social Security yet, can their 62 year old spouse file...
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