Many people believe they cannot take distributions from their retirement plans (IRAs, 401ks) before age 59 ½.  And while that is true most of the time, the IRS does have some specialized provisions to take income before normal retirement age.  The little known rules are called 72t and 72q (for non-qualified deferred assets).  For people [...]

 As my wife turns 55 and qualifies for her first set of discounts, two months before me I might add, I am reminded of the first chronologically gifted man who asked the second calendar wise man if he wanted to go for a walk. The second man asked “Isn’t it windy” to which the first [...]

Recent surveys show that the fastest two segments of internet usage are Seniors and Baby Boomers.  Currently 53% of seniors and 77% of Baby Boomers are using the internet.  But here’s the real startling revelation, of the senior and baby boomer generation that has adopted the internet as part of their lives 70-80% use it [...]

Well now that we know two things going into the New Year according to a new survey: that Cockroaches and Annuities are more popular than Congress, why is the S&P 500 still the most coveted crediting index in the Fixed Indexed Annuity market that should have wrap up in the $34 billion range. So why [...]

If you rearrange the letters in ‘economics” you get the word comic nose and more and more former bond holders are sniffing the siren song of a blood bath in bonds. From time to time is showing it’s ugly face like last week as the Fed slowly abandons its quantitative easing programs or funny money [...]