Archive - September 6, 2012

1
Military Tax Benefit: Roll-Over Of Life Insurance Proceeds To Roth IRA
2
Finding Real Returns In The Bond Market
3
Massive 401(k) Losses? Not Really.

Military Tax Benefit: Roll-Over Of Life Insurance Proceeds To Roth IRA

I know this is not something people like to think about, but, beneficiaries of Military Members’ Government Life Insurance Policies have a significant benefit available to them.  And…in my 27 years on Active Duty, I never heard of it.  I hope that you (or anyone that you know) never have a need for this benefit.  But, if you do, it could improve your future quality of life.  Let’s take a look at specifically what the benefit is and how you can use it.

As stated in IRS Pub 590 (http://www.irs.gov/pub/irs-pdf/p590.pdf) if you receive a Military Death Gratuity or …

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Finding Real Returns In The Bond Market

Widespread consternation is erupting in the investment arena, particularly in Fixed Income Departments which handles bonds. Everyone wants to find the perfect investment with 'decent' yields like 5% to 8% which are our birthright. To accomplish this, many investment advisors devise complex allocation strategies, e.g. derivatives, collateralized mortgage obligations, annuities and whole life insurance, to justify the amount they charge investors.

I still have trouble believing that these ‘Professional Fixed Income Strategists’ can add any value for their retail clients. Surely if they had the foresight and analytic ability they claim, they would have been able to detect Collateralized Mortgage …

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Massive 401(k) Losses? Not Really.

A client asked me to look over his 401(k) portfolio. He was quite disturbed over the losses in his account. He agreed to pay me my hourly rate for one hour just to look it over and give him my thoughts on the matter. I agreed since it was a small amount of money with just a few holdings that I helped him put together years ago. I want to share with you my mental dialogue as I go through his statement. For privacy reasons, I can’t share screenshots so follow me on this journey.

First of all I …

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