Katherine Tipper

Is your company's retirement plan efficient and maximizing results?   Your company's plan should: •  Take advantage of options, legislation and market trends •  Transfer the fiduciary risk off of the company •  Be proactively monitored and adjusted on a specific cadence   Join us for a free webinar and hear from retirement specialists Paul Dowd, CIMA®,AIF® and special guest Marta Rodriguez, Executive Director, J.P. Morgan, about:   - Perspectives on current and future retirement challenges - Investing for long-term growth potential with data-driven insights - Enhancing risk-return potential - Building a portfolio to match your retirement goals   Plus a live Q&A to address any of your retirement plan-related questions.   Date: Tuesday, June 4, 2024 Time: 11 am Central Register here: https://lnkd.in/gfGepy5U  Can't attend live? Register anyway and we'll send you the recording afterwards.   #connectandsimplify #thebenefitcompanies #webinar #retirement #retirementplans

Are you ready for the changes coming with the 2024 SECURE 2.0 updates? Now is the perfect time to start getting up to speed on what's to come. Here are a few key changes to consider: 1. Increased contribution limits: The SECURE 2.0 updates will likely bring an increase in contribution limits for retirement accounts. Make sure you're prepared to take advantage of this change. 2. New tax credits: There may be new tax credits available for retirement savers in 2024. Stay informed on how these credits could benefit you. 3. Expanded access to retirement plans: The SECURE 2.0 changes could make it easier for more workers to access employer-sponsored retirement plans. Take a look at how this could impact your retirement savings strategy. Don't wait until the changes are in effect to start planning. Get ahead of the curve and make sure you're prepared for the 2024 SECURE 2.0 updates. #retirementplanning #SECURE2.0 #financialplanning https://hubs.ly/Q02CyBMZ0

As Gen X-ers and Millennials approach retirement, it's essential to consider long-term care expenses as a significant part of your financial planning.✍️ Check out some of our tips to consider when planning for long term care in retirement: https://hubs.la/Q02z5c1G0

SECURE 2.0 has 8 mandatory changes for this year. As a plan sponsor, make sure you are working with a qualified retirement plan advisor to help you understand these provisions. #SECURE2.0 https://ow.ly/sQbY50S6SEH

🌍 Make a difference while optimizing your finances! The ROQS® Method helps retirees reduce taxes and increase cash flow, all while supporting charitable causes. Discover more now. https://loom.ly/XumeNKY #FinancialPlanning #Legacy

Ditch the reliance on standard benchmarks for your individual retirement needs. It’s time for a personalized approach. https://ow.ly/Ccz250Rvbl9

Retirement planning is a critical aspect of financial management that requires careful consideration and strategic decision-making! In our recent blog post, we explore the importance of retirement planning, key steps to take, and practical tips for creating a roadmap to achieve your retirement goals. Read here > https://bit.ly/4bui0ep

The life expectancy method is a method of taking distributions from an inherited IRA or employer-sponsored retirement plan account. As the name suggests, it allows you to take post-death distributions based on your life expectancy. Under this method, you must receive a certain minimum amount each year. You can always take larger distributions than required, but if you withdraw less than required in any year, a 25% (10% for late distributions made in a timely manner) federal penalty tax will apply to the undistributed required amount. The annual required distributions are calculated to dispose of the entire balance in the inherited IRA or plan over your remaining life expectancy. The applicable life expectancy is determined according to IRS life expectancy tables.

The life expectancy method is a method of taking distributions from an inherited IRA or employer-sponsored retirement plan account. As the name suggests, it allows you to take post-death distributions based on your life expectancy. Under this method, you must receive a certain minimum amount each year. You can always take larger distributions than required, but if you withdraw less than required in any year, a 25% (10% for late distributions made in a timely manner) federal penalty tax will apply to the undistributed required amount. The annual required distributions are calculated to dispose of the entire balance in the inherited IRA or plan over your remaining life expectancy. The applicable life expectancy is determined according to IRS life expectancy tables.

The life expectancy method is a method of taking distributions from an inherited IRA or employer-sponsored retirement plan account. As the name suggests, it allows you to take post-death distributions based on your life expectancy. Under this method, you must receive a certain minimum amount each year. You can always take larger distributions than required, but if you withdraw less than required in any year, a 25% (10% for late distributions made in a timely manner) federal penalty tax will apply to the undistributed required amount. The annual required distributions are calculated to dispose of the entire balance in the inherited IRA or plan over your remaining life expectancy. The applicable life expectancy is determined according to IRS life expectancy tables.