If you're a senior age 72 or 73 with qualified plans (401ks, IRAs, etc.) you are required to take RMDs (Required minimum distributions) or you could face significant IRS penalties. Get with your financial advisor or CPA before December 31st and take care of this. Economic Ninja explains: https://www.youtube.com/watch?v=zSI2nDlZZdE
by Katie Benson Let's Talk About Annuities Annuities, increasingly popular financial instruments whose roots date back to ancient Egypt, have evolved to the extent they are now a crucial component of modern retirement planning. In such a volatile economy that's often hostile even to those who plan well, more retirees and those about to retire [...]
One of California's most respected financial educators, Jerry Yu, explains how wealthy Americans are busting some of the most common annuity myths. https://www.youtube.com/watch?v=027I9EegSoo Jerry Yu Senior Vice President Reign Financial Services (626) 890-0090 jerry.yu@reignfinancialservices.us
Authored By John Manganaro, Think Advisor What You Need to Know Dave Ramsey sparked an uproar by arguing that retirees should invest and spend much more aggressively than researchers suggest. Some well-known financial planners criticized the national personality's argument for 8% withdrawals and a 100% stock allocation. Income experts hope that the ongoing debate will focus attention on [...]
Contributed by Jerry Yu: 60 Minutes recently aired a segment about what happens when ordinary Americans get bills from the Social Security Administration. Each year over one million Americans are told their benefits were incorrectly calculated and are expected to pay that money (which can add up to thousands of dollars) back. What if this [...]
SPECIAL LIMITED TIME OFFER. Use this link to get the Side Hustles course for only $199! https://sso.teachable.com/secure/1327126/checkout/4830941/how-to-start-a-side-hustle https://economic-ninja-learning.teachable.com/?affcode=1327126_ckkjf9ky https://www.youtube.com/watch?v=4XGuwHKdCc4 Discover exactly how to CRUSH IT with a side hustle. Check out all the Economic Ninja's fantastic courses. https://economic-ninja-learning.teachable.com/?affcode=1327126_ckkjf9ky #economicninja, #ninja, #sidehustle, #sidegig, #sidejob, #earnmoreincome, #earnmoremoney, #bestfinancialcourses, #economy
Authored By Kristin Altus, FoxBusiness Contributed by Teresa Kuhn. The cost to retire continues to increase as the Biden administration cracks down on "junk fees" in retirement investment advice. "Three years ago, if you had been aiming for retirement savings of, let's say, $500,000, in today's climate, with higher prices, you need more like $600,000," [...]
By Katie Benson Beginning in 2022, the United States witnessed a significant uptick in the sales of annuities. Annuities became a desirable asset due to heightened volatility in the equities markets and increasing interest rates. LIMRA (The Life Insurance Marketing and Research Association) says that total U.S. annuity sales in 2022 soared to over $310.6 [...]
In this short video, the "Family Money Doctor," Jerry Yu uses math to explain why chasing after the average rate of return might not benefit most people as much as they think. If you have questions after watching this presentation, contact Jerry here: https://www.reignfinancialservices.us/contact https://www.youtube.com/watch?v=YKELmHn9wqE&t=75s
In this video, Stan the Annuity Man, America's favorite annuity specialist, discusses how sitting on the sidelines during turbulent times can be better with a multi-year guaranteed annuity (MYGA). If you've been considering adding an annuity to your retirement plan, NOW may be the perfect time. https://www.youtube.com/watch?v=sydrGfgUEVs&t=92s #MYGA, #stantheannuityman, #highinterest, #annuities, #multiyearguranteedannuity, #retirement, #nationaldebt, #annuity, [...]
Annuity Straight Talk's Bryan Anderson discusses his methods of selecting the best annuity (MYGA). There are a ton of annuity varieties out there and it can get confusing. This video will help you discover how to evaluate your options and avoid making a mistake with your retirement . https://www.youtube.com/watch?v=okwK8aIET6c&t=128s
The "72T" IRS code is fraught with nuanced rules and regulations, perhaps even some ambiguities. Yet, this code opens the door for those who want to take penalty-free withdrawals from your retirement accounts before the age of 59 and a half. In this episode, Bryan Anderson of AnnuityStraightTalk helps you discover what you need to [...]
