Mark Struthers

MNice Investor talked about the possibility of the Stretch IRA going away with passing of the SECURE act back in June 2019: , RIP Stretch IRA (Maybe?) SECURE stands for Setting Every Community Up for Retirement Enhancement. The accuracy of the name is debatable, unless you are selling annuities. For many of you, SECURE will have little …

The SECURE Act Is Here! What You Should Know. (before you buy that annuity) Read More »

Working with families, and having my own, I often use the seasons and holidays as signposts. They remind us of upcoming tasks or deadlines. Memorial Day is the start of summer, Labor Day, the end of summer. July 4this often a reminder that it’s time to get things together for back-to-school. Thanksgiving should act as …

Year-End Financial Checklist Read More »

I don’t think it was a coincidence that #HSAAwarenessday occurred right before Open Enrollment, nor was it a coincidence that I decided to write a blog post on HSAs (Health Savings Account) at the same time. Making smart choices during Open Enrollment matters more than ever: Rising healthcare costs being one of the major reasons …

Don’t Be Afraid of The HSA This Open Enrollment Season! Read More »

What Is a Stretch IRA? When an Individual Retirement Account (IRA) is left to a nonspouse, a popular option to delay the payment of taxes is to spread out the account distributions over the lifespan of a younger beneficiary. Each year the beneficiary would have a Required Minimum Distribution, or RMD. The practice of stretching …

RIP Stretch IRA (Maybe?) Read More »