Thinking about where you want your life to be in the future – whether 30 years from now, or just 10, can be stressful. Most people don’t even know where they want to be in 1 year – and if you’re anything like me, you don’t even know what you’re doing next week! However, there are important times in life when we have to step back and make plans for the future. Not just for our own benefit, but for the sake of our children and our future generations. The following are 8 importa
Greg Phelps is a CFP® certified financial planner in Las Vegas, Nevada. As an Ed Slott Elite IRA Advisor, he’s also an IRA specialist. We asked Greg to guest write for our blog on how beneficiary IRA’s work, and the rules surrounding them.
IRA Beneficiary Rules
IRA’s (individual retirement accounts) are one of the most popular ways for investors to save for retirement. In fact, as of 2012 there was nearly 50 million American households with over 5.4 TRILLION dollars in i