Less common factors, such as self-employment, the Government Pension Offset, and the Windfall Elimination Provision, may affect Social Security benefits. Make sure clients understand these implications as they plan their retirement. Don’t wait until retirement to address Social Security. Social Securit...
Recently I wrote about how the first Required Minimum Distribution (RMD) has adue date of April 1of the year following the year that you reach age 70½. Today we’ll review the method of calculating that RMD, and provide you with a tool to actually do the calculation. The discussion t...