This month, my newsletter explores the following topics:
- What causes inflation?
- New IRS rules for early retirees
- How the Senate could change your 401k plan
- Roth IRA conversions can benefit from down markets
Summer may bring the time to review assumptions and strategies. Please contact me if you would like to discuss your finances.
What Causes Inflation?
The causes of inflation – and how severely the factors that trigger inflation affect consumers – vary and have undergone much debate among economists historically.
New IRS Rule Lets Early Retirees Take More Money From Plans
Substantially equal periodic payments are one way to avoid the 10% early withdrawal penalties from your IRA or 401(k), and fixed annuities can play a valuable role in this early retirement income strategy.
Here’s How The Senate Could Change Your 401(k) Plan
The US Senate has retirement on the brain, and it’s not because the average age of the legislative body is 64. A group of new bills that could change the way Americans save for retirement have landed on lawmakers’ desks this spring. Here is what’s being considered.
Here’s Why A Roth Individual Retirement Account Conversion May Pay Off In A Down Market
Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing stock market volatility. But there may be a bright spot: the chance to save money on a Roth conversion.
Michael M. Silverman is a Financial Representative of The Guardian Life Insurance Company of America, New York, NY. Strategies for Wealth is not an affiliate or subsidiary of Guardian.
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2022-138903 Exp. 6/24