Rainstone Financial

The Right Beneficiary

jregenstein — Wed, 18 Nov 2009 13:00:10 +0000

Who have you chosen to inherit your assets? It may be wise to review your choices. Here’s a simple financial question: who is the beneficiary of your IRA? How about your 401(k), life insurance policy, or annuity? You may be able to answer such a question quickly and easily. Or you may be saying, “You know … I’m [...]

The Right Beneficiary is a post from: Rainstone Financial

Is The Real Estate Downturn Done?

jregenstein — Tue, 17 Nov 2009 13:00:53 +0000

Is the recovery imminent? Or already underway? Signs point to a rebound. As this recession emerged, many economists felt that it would only fade away when the sector where it all began healed itself. It was in late 2006 when the U.S. real estate bubble began to pop, setting off a chain reaction of shocks that [...]

Is The Real Estate Downturn Done? is a post from: Rainstone Financial

The Creative Way to “Maximize” Your Pension

jregenstein — Mon, 16 Nov 2009 13:00:15 +0000

Here’s a move that might prove useful for you and your spouse. Are you wondering how to make the most of your pension? If you’re thinking about which income option to take, maybe it’s time to think outside the box. Here’s why. When most retiring public service employees meet with a pension administrator and look over their [...]

The Creative Way to “Maximize” Your Pension is a post from: Rainstone Financial

Is America Prepared to Retire?

jregenstein — Fri, 13 Nov 2009 13:00:01 +0000

Two-thirds of us have no financial plan. 64% of Americans have no financial strategy at all. That’s right – no plan whatsoever to build wealth or keep it. That finding comes from the 2009 National Consumer Survey on Personal Finance conducted by the Certified Financial Planner Board of Standards, Inc. (The survey collected data from [...]

Is America Prepared to Retire? is a post from: Rainstone Financial

Americans Delay Retirement

jregenstein — Thu, 12 Nov 2009 13:00:31 +0000

What does it mean for people and companies? Is 70 the new 65? It may be, for many Americans are electing to postpone retirement as an effect of the recent volatility in the financial markets. If 70 is the new 65, some workplace changes are worth noting – these trends may be affecting you, your employer, [...]

Americans Delay Retirement is a post from: Rainstone Financial

Roth IRA Conversions For 2010

jregenstein — Wed, 11 Nov 2009 13:00:38 +0000

In 2010, anyone may convert a traditional IRA to a Roth IRA. No income limits will stand in the way of the conversion.1 Should you do it? Here’s why it may (or may not) make sense for you to go Roth next year.

Roth IRA Conversions For 2010 is a post from: Rainstone Financial

Inheriting an IRA – Make Sure You Pay Attention to the Rules.

jregenstein — Tue, 10 Nov 2009 13:00:54 +0000

What do you do when you inherit an IRA? Good question. Most people don’t know the rules and regulations pertaining to inherited IRA assets. You should. You, not the IRS, should benefit the most in this circumstance.

Inheriting an IRA – Make Sure You Pay Attention to the Rules. is a post from: Rainstone Financial

Economic Update for November 2009

jregenstein — Mon, 09 Nov 2009 18:46:45 +0000

Quote of the month. “A man is a worker. If he is not that, he is nothing.” – Joseph Conrad The month in brief. Questions about the strength and speed of the recovery hampered stocks by Halloween, although positive economic news continued to surface. The service sector and the manufacturing sector were both growing; consumer spending, [...]

Economic Update for November 2009 is a post from: Rainstone Financial

The Need For A Power of Attorney

jregenstein — Mon, 09 Nov 2009 13:00:58 +0000

With more Americans living into fragility, POAs and other advanced directives are becoming more important. The point of the POA. A Power of Attorney is a legal instrument that delegates an individual’s legal authority to another person. If an individual is incapacitated or mentally incompetent, the POA assigns a trusted party to make decisions on [...]

The Need For A Power of Attorney is a post from: Rainstone Financial

Roth 401(K)s For Businesses

jregenstein — Fri, 06 Nov 2009 13:00:13 +0000

What makes this such a prime retirement planning tool? Why are more businesses offering Roth 401(k)s? Simply put, more firms are recognizing their advantages – especially when it comes to the retirement planning of professionals, business owners and executives. Tax-free growth. Roth 401(k) assets grow without being taxed, as employee contributions are made with after-tax dollars. When [...]

Roth 401(K)s For Businesses is a post from: Rainstone Financial