Many business owners seem to think they’re going to live forever and thus have done no succession planning, despite the COVID-19 pandemic illustrating more than ever the need to be prepared for probable, or inevitable, events or setbacks. Planning to work forever is not a business succession plan, and without one, when adverse events occur, the results can be devastating. This article looks at three critical elements business owners should consider to create a successful transition plan that can help maximize the business’s value for themselves or their families and increase the firm’s longevity.
SMRU 1928490 | Exp. 2/4/24
Electing to receive Social Security benefits prior to reaching full retirement age may not be the best decision. Read this article to learn why waiting until full retirement age (or later) can substantially increase the ultimate Social Security benefit received.
SMRU 1802458 | Exp. 9/14/23
When nearing retirement, it’s important to review the various savings vehicles within your portfolio to develop a tax efficient strategy that secures cash flow. Watch CPA Robert Keebler & The Nautilus Group’s Matt Pate, JD, LL.M., discuss why.
SMRU 1793869 | exp. 7/29/22
Converting a traditional IRA to a Roth IRA can offer certain economic advantages, depending on a variety of factors. Read this article, written by noted CPA Robert Keebler of Keebler & Associates, LLC, to learn more about the issues you’ll want to consider if you’re contemplating converting your own traditional IRA.
SMRU 1809205 | Exp. 3/17/2023
Watch this short video to learn what employees are concerned about when considering retirement, and how medical practice owners can address those concerns.
SMRU 1881946 | Exp. 7/31/21
The SECURE Act changed the rules for distributions from most non-spousal inherited IRAs and eliminated the “stretch IRA” that allowed some beneficiaries to spread distributions out over their lifetimes. This article reviews suggested strategies that owners of large IRAs might use under the SECURE Act to maximize the wealth that can be accumulated from their IRAs for their families, including CRTs, multi-generational accumulation trusts, IRC Section 678 trusts, ING trusts, life insurance and Roth IRA conversions.
SMRU 1872522 | Exp 12/31/2021
Converting a traditional IRA to a Roth IRA can offer certain economic advantages, depending on a variety of factors. Read this article to learn more about the issues you’ll want to consider if you’re contemplating converting your own traditional IRA.
Consolidating retirement accounts is one way to better manage assets and track progress toward retirement goals. Know what issues to evaluate before you get started, to help avoid costly mistakes.
