Archive | January, 2013

Considerations for Inherited Retirement Assets

Your options in managing assets that you inherit from a loved one’s qualified retirement plan may depend on the type of retirement plan in question — for example, 401(k)/403(b) plan or IRA — and your relationship to the deceased. Employer-Sponsored Retirement Plans Federal laws require that a spouse be the primary beneficiary unless he or […]

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Washington Hotline – January 22, 2013

Secretary Geithner Requests Debt Limit Increase In a letter to Speaker John Boehner (R-OH), Minority Leader Nancy Pelosi (D-CA), Senate Majority Leader Harry Reid (D-NV) and Senate Minority Leader Mitch McConnell (R-KY), Treasury Secretary Timothy Geithner explained the current financial status. Treasury is now borrowing from pension and other funds to pay federal bills. Geithner […]

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Social Security Tips – January 2013

Social Security expanded the services available with a mySocialSecurity account, a personalized online account that people can use beginning in their working years and continuing throughout the time they receive Social Security benefits.   For those receiving Social Security and SSI benefits, they can now access their benefit verification letter, payment history and earnings record […]

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