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TEG Retirement & Advisory Services- 5 Things You Can Do With an IRA That You Can’t With a 401(k)

5 Things You Can Do With an IRA That You Can't With a 401(k) TEG Retirement & Advisory Services- 5 Things You Can Do With an IRA That You Can’t With a 401(k)

–Jeffrey Levine, CPA/PFS, CFP® IRA or 401(k)? Know the key differences between these two popular retirement plans to ensure you are saving in the right account. Indvidual retirement accounts (IRAs) and 401(k)s share a lot of similarities. They are both retirement plans. They both can […]

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TEG Retirement & Advisory Services- 10 Rules to Know About Qualified Charitable Distributions

10 Rules to Know About Qualified Charitable Distributions TEG Retirement & Advisory Services- 10 Rules to Know About Qualified Charitable Distributions

–Denise Appleby, APA, CISP, CRC, CRPS, CRSP If you are an IRA owner interested in donating to charity, a qualified charitable distribution may be an option. These 10 rules outline how a QCD should be done. Arguably, one of the biggest changes to the tax […]

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TEG Retirement & Advisory Services- Why The First Five Days Of 2020 Could Have Bulls Smiling

A bull TEG Retirement & Advisory Services- Why The First Five Days Of 2020 Could Have Bulls Smiling

The first five days of 2020 are in the books. Although the headlines have been quite scary, equities have picked up right where they left off last year. In fact, after the first five trading days of the new year, the S&SP 500 Index is […]

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Annuity Options: Choices Abound for Today’s Retiree

Annuity Options Annuity Options: Choices Abound for Today’s Retiree

As the earliest baby boomers begin to enter retirement, the various income guarantees and other living benefits offered through variable annuities (VAs) are gaining in importance. Yet before you rush to add a VA to your retirement funding scheme, take some time to understand what […]

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TEG Retirement & Advisory Services- Reducing Risk with Diversification

Reducing Risk TEG Retirement & Advisory Services- Reducing Risk with Diversification

Diversification is a basic concept that’s critical to building a portfolio able to withstand the test of time. It is the process of spreading your money among a variety of securities to reduce exposure to any one investment or asset class. The premise behind diversification […]

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TEG Retirement & Advisory Services- Tax Benefits of Making a QCD

Benefits of a QCD TEG Retirement & Advisory Services- Tax Benefits of Making a QCD

At the end of 2015, Congress permanently extended the rule allowing taxpayers to exclude from taxable income certain individual retirement account (IRA) distributions made directly to a qualified charity. Otherwise known as qualified charitable distributions, or QCDs, such transfers can provide individuals who were already […]

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TEG Retirement & Advisory Services- Retirement Plan Rollover Options for Non-Spouse Beneficiaries

Rollover Options TEG Retirement & Advisory Services- Retirement Plan Rollover Options for Non-Spouse Beneficiaries

If you participate in an employer-sponsored qualified retirement plan, such as a defined benefit plan, 401(k) plan, employee stock ownership plan (ESOP), 403(b) plan, or 457(b) plan, you may have chosen a beneficiary to receive your account balance in the event of your death. If […]

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TEG Retirement & Advisory Services – Building Health Care Costs into Retirement Planning

Building Health Care Costs into Retirement TEG Retirement & Advisory Services – Building Health Care Costs into Retirement Planning

Health care planning is a sensitive subject that often takes you and your advisor places you don’t want to go. But given rising expenses, no retirement plan is complete without some kind of provision for health care needs. Here are some guidelines and resources for […]

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TEG Retirement & Advisory Services- How to Get Tax Savings on Charitable Contributions After 2018

Tax Savings TEG Retirement & Advisory Services- How to Get Tax Savings on Charitable Contributions After 2018

Qualified charitable distributions from an IRA provide individuals over 70½ with a way to receive income tax savings on charitable gifts—even if they decide to take the newly increased standard deduction. For tax year 2017, 37 million income tax returns reported charitable donations. For 2018 […]

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TEG Retirement & Advisory Services – The Charitable IRA Transfer

Charitable IRA Transfer TEG Retirement & Advisory Services – The Charitable IRA Transfer

If you are age 70½ or older and charitably minded, you may wish to consider tapping your individual retirement account (IRA). The qualified charitable distribution (QCD), also known as an IRA charitable rollover, allows you to donate up to $100,000 per year to qualified charities. […]

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TEG Retirement & Advisory Services – A Woman’s Guide to Health Care in Retirement

Health Care in Retirement TEG Retirement & Advisory Services – A Woman’s Guide to Health Care in Retirement

At any age, health care is a priority. But when you retire, you should probably focus more on health care than ever before. That’s why it’s particularly important for women to factor in the cost of health care, including long-term care, as part of their […]

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TEG Retirement & Advisory Services – Light at the End of the Brexit Tunnel

Light at the end of the Brexit Tunnel TEG Retirement & Advisory Services – Light at the End of the Brexit Tunnel

The debate over the United Kingdom’s (U.K.) withdrawal from the European Union (EU), or Brexit, is reaching another milepost in what could be an action-packed week. Talks between the U.K. government and the EU have entered “tunnel” negotiation mode, in which all details of behind […]

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TEG Retirement & Advisory Services – The Sandwich Generation: Juggling Family Responsibilities

The Sandwhich Generation: Juggling Family Responsibilities TEG Retirement & Advisory Services – The Sandwich Generation: Juggling Family Responsibilities

At a time when your career is reaching a peak and you are looking ahead to your own retirement, you may find yourself in the position of having to help your children with college expenses while at the same time looking after the needs of […]

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Retirement Blog – Cracking the Nest Egg: When Accumulation Becomes Distribution

Cracking the Nest Egg: When Accumulation Becomes Distribution Retirement Blog – Cracking the Nest Egg: When Accumulation Becomes Distribution

It’s a big transition when you leave the workforce to live off your savings, requiring an attitude adjustment in both you and your advisor. Here are the issues to consider when time, compounding, and conventional investment principles no longer work in your favor. Retirement planning […]

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TEG Retirement & Advisory Services – Trade Uncertainty Still Weighing on Capital Investment

research post pic TEG Retirement & Advisory Services – Trade Uncertainty Still Weighing on Capital Investment

Business investment remains a critical component for this economic expansion. Capital expenditures (capex) drive productivity gains (more output per hour worked), which enables economic growth while keeping inflation contained. That helps keep the Federal Reserve (Fed) at bay. We received an important data point on […]

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TEG Retirement & Advisory Services – Plan Ahead for the Holiday Budget Crunch

Plan ahead for the holiday budget crunch TEG Retirement & Advisory Services – Plan Ahead for the Holiday Budget Crunch

Every year, millions of Americans celebrate the holidays with traditions such as throwing parties and buying gifts for family and friends. Unfortunately, many also participate in a tradition that lands them in debt — spending more than they can afford. This year, break the buy-now, […]

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TEG Retirement & Advisory Services – Five Strategies for Tax-Efficient Investing

Five strategies for tax efficient investing TEG Retirement & Advisory Services – Five Strategies for Tax-Efficient Investing

As just about every investor knows, it’s not what your investments earn, but what they earn after taxes that counts. After factoring in federal income and capital gains taxes, the alternative minimum tax, and any applicable state and local taxes, your investments’ returns in any […]

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TEG Retirement & Advisory Services – Five Things to Do Before Meeting With an Advisor

5 things to do before meeting with an advisor TEG Retirement & Advisory Services – Five Things to Do Before Meeting With an Advisor

Americans’ financial lives are increasingly complex. It’s not unusual to have checking and savings accounts, a 401(k), IRAs, and other personal investments. Keeping track of all your savings and investments has prompted many individuals to seek guidance. If you are part of this growing majority, […]

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TEG Retirement & Advisory Services – Smart Financial Moves in Your 40s and 50s

smart financial moves in your 40's and 50's TEG Retirement & Advisory Services – Smart Financial Moves in Your 40s and 50s

These crucial years call for action. Today, retirement may seem nearer to you than it once did. The following moves might be worth making—and soon. Catch-up contributions to your retirement accounts. Starting in the year you turn 50, you may make a total of $1,000 […]

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