The Ultimate Guide to Social Security [2020]

The Ultimate Guide to Social Security [2020]

The Ultimate Guide to Social Security [2020] Social Security is a beast. The Social Security Program Operations Manual System (POMS) is 27 chapters, nearly 3,000 rules, and the primary source of information used by the Social Security Administration. One look through...
Social Security and the Earnings Test

Social Security and the Earnings Test

Social Security and the Earnings Test No matter how you feel about social security, it is still one of the most important assets a person will have in their lifetime. According to a study by Allianz, approximately 63% of people fear running out of money in retirement...
Why the 4% Rule is Wrong

Why the 4% Rule is Wrong

Why the 4% Rule is Wrong Once you begin to think about retirement, you will stumble upon the 4% withdraw rate rule. Simply put, it states that if you only withdraw 4% per year in retirement from your retirement accounts, you will not outlive your assets. This may be a...
Roth IRA – The Ultimate Guide

Roth IRA – The Ultimate Guide

Roth IRA – The Ultimate Guide The Roth IRA seems like a simple retirement account at first glance. But there are some intricacies to the Roth IRA that can leave even the best minds confused. To start with, the Roth IRA has several 5-year rules that occur at...
Traditional IRA or Roth IRA

Traditional IRA or Roth IRA

Traditional IRA or Roth IRA There seems to be an ongoing debate about which individual retirement account is better, a Roth IRA or a Traditional IRA. The debate continues because ultimately there is no clear winner. These two different retirement accounts each have...