Rethinking buy-sell agreements
By Eric Reich For about a century now, most life insurance laws have been generally stagnant and therefore (for lack of a better term) reliable. This changed last week in a potentially very impactful way when the Supreme Court ruled on an ongoing case known as...Are ‘in-marriage QDROs’ a good idea?
By Eric Reich As part of my continuing education for Ed Slott’s Elite Advisor IRA GroupTM, I periodically attend education conferences, review content on complex IRA issues, and take an assessment. One of the issues that was recently touched upon and questioned was...
Don’t overlook the Roth 401(k)
By Eric Reich The days have long passed since workers had pensions, at least for the average person (15% vs. 80% 30 years ago). Since then, workers are typically defaulted to a 401(k) or similar type of plan. The intent of the change was to shift the burden of...TOD/POD accounts have drawbacks
By Eric Reich In a recent conversation with someone regarding estate planning, they posed the question, “why not just make all of my accounts Transfer on Death?” You’ll frequently hear me say that there is no perfect solution when planning your estate or simplifying...
