Chris Robinson, ChFC You turn 65 and begin Medicare insurance. You look at the monthly cost and think that it is not so bad. You can easily look up how much your payment is going to be for your Part B and Part D. But it may cost you a lot more than you imagined!…
Tag: IRA
March 2024, Features
Dollars & Sense: Qualified Charitable Distributions in an Inherited IRA?
Chris Robinson, ChFC A Qualified Charitable Distribution, or QCD, can be taken from an IRA or an Inherited IRA as long as the current owner is at least age 70-1/2 or older, not just in the year they turn 70-1/2, but they actually have to be 70-1/2 or older. It does not matter how old…
Features, February 2024
Dollars & Sense: Strategic IRA Planning in 2024
Chris Robinson, ChFC IRA Planning in Your Gap Years If you are in your 60s, you may want to take advantage of your gap years and do some IRA planning. The gap years are between your retirement age and when you start taking required minimum distributions from your IRA or other retirement plans. These years…