Detroit Archives - NastGroup Financial

05 Feb REQUIRED IRA DISTRIBUTIONS

Posted at 10:53h in Traditional IRAs by Kevin Nast 0 Comments

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If you’ve turned 70 and have a Traditional IRA, please read this. Federal law requires you to withdraw money from Traditional IRAs (and inherited Roth IRAs) at age 70½. (If you don’t make a withdrawal, you’ll owe a 50% penalty on the amount you should have...

27 Jan Don’t Miss the Match

Posted at 11:00h in 401(k), Retirement Planning by Kevin Nast 0 Comments

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Are you taking full advantage of your company’s 401(k)? The 401(k) plan is one of the most widely-utilized wealth creation tools offered Americans. These retirement savings plans have several advantages, including dollar cost averaging, tax savings and tax deferral. However, one of the most powerful advantages...

23 Jan THE SHIFT TOWARD LIFE INSURANCE

Posted at 11:15h in Life Insurance by Kevin Nast 0 Comments

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Why might the wealthy be directing more money into this middle-class bedrock? For generations, Americans have thought of life insurance as a midlife purchase of the middle class. Today, that perception is less accurate. Wealthier Americans seem to be buying more life insurance. Affluent individuals are recognizing...

20 Jan CHOOSING A FINANCIAL PROFESSIONAL

Posted at 01:02h in Financial Advisors by Kevin Nast 0 Comments

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There’s nothing like doing your homework and being selective. When we buy a car or a house, consider a school for our children, or plan our next vacation, what kind of approach do we take? For one thing, we take our time. We shop around and...

Detroit Tag

05 Feb REQUIRED IRA DISTRIBUTIONS

27 Jan Don’t Miss the Match

23 Jan THE SHIFT TOWARD LIFE INSURANCE

20 Jan CHOOSING A FINANCIAL PROFESSIONAL

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