Timothy Sumer

Rick Kahler, CFP, resides in Rapid City, South Dakota and is a fee-only financial planner. He is the co-author of "The Financial Wisdom of Ebenezer Scrooge". Learn more at ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Avoid Costly IRA Mistakes An Individual retirement account (IRA) is a valuable tool in building a secure financial future. It offers tax advantages and the potential for significant growth over time. However, there are several IRA mistakes that individuals can make, leading to unnecessary costs and missed opportunities. To ensure you make the most of your IRA, it's important to be aware of these common mistakes and take steps to avoid them. Firstly, one of the costliest mistakes IRA holders make is failing to maximize their contributions. Contributions to traditional IRAs are tax-deductible, and contribut

Rick Kahler, CFP, resides in Rapid City, South Dakota and is a fee-only financial planner. He is the co-author of "The Financial Wisdom of Ebenezer Scrooge". Learn more at ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA The SECURE Act Details and Your retirement planning retirement planning is a crucial aspect of one's financial journey. It ensures that individuals can enjoy their golden years without financial worries and live comfortably. To make this process more secure and beneficial for American workers, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed in 2019. This landmark legislation brings several changes that could impact your retirement planning . One of the most significant changes under the SECURE Act is the increase in the age for required minimum distributions (RMDs). Prev