Investing and IRA Planning for Boomers

Are you a Baby Boomer approaching retirement, eager to ensure your financial security during your golden years? Join us for an insightful presentation that focuses on investing and Individual Retirement Account (IRA) planning for this transformative phase of life. We’ll explore key principles of successful investing and provide strategies to maximize your IRA assets while minimizing tax implications. As you near retirement, it’s essential to reevaluate your investment strategy to align it with your changing needs and goals. In this presentation, we’ll delve into the critical aspects of investing and IRA planning for Baby Boomers, helping you make informed decisions about your financial future.

Session Highlights:

  1. Principles of Successful Long-Term Investing: We’ll begin by outlining the fundamental principles of long-term investing, emphasizing strategies to safeguard and grow your assets as you transition into retirement.
  2. IRA Planning Strategies: Explore various IRA planning strategies, including Roth conversions, traditional IRA management, and beneficiary planning, to optimize your retirement savings.
  3. Roll Over Options: Understand the pros and cons of different rollover options, such as 401(k) rollovers and IRA-to-IRA transfers, to make informed choices that suit your financial situation.
  4. Required Minimum Distribution (RMD) Pitfalls: Learn about common mistakes related to RMDs and how to avoid them, ensuring compliance with IRS regulations.
  5. Direct vs. Indirect Rollovers: Differentiate between direct and indirect rollovers, and gain insights into when and how to execute each type effectively.
  6. Coordinating IRA Planning: Discover the importance of aligning your IRA planning with your broader retirement, estate, tax, education, Social Security, and financial plans for comprehensive financial security.
  7. Spousal IRA Beneficiaries: Explore the options available for spousal IRA beneficiaries, including inheriting, rolling over, or converting inherited IRAs.