Archive for January 2022

Here is a great representation of inflation. A picture is worth 1,000 words.  

“Democrats have obliquely admitted they covet Americans’ pensions. Last week, congressional Republicans told them to stay away. The shame is that they had to do anything at all. The first rumblings were heard in the 1990s, when Democrats were said to be coming after our retirement accounts. Back then, the warnings were easy to pass…

While you end up paying taxes on your retirement savings one way or another, you have at least partial control over how much you pay and when that happens. If you are considering a Roth conversion to eliminate taxation on withdrawals down the road, be sure to see how the move would impact your current…

Some Democrats want to dismantle IRAs as we know them The Individual Retirement Account, or IRA, has been one of the great policy successes of the past half-century. Introduced in 1974 as a backstop for workers whose employer-based retirement plans were vaporizing in a terrible economy, IRAs are now held by more than one-fourth of U.S.…