by Dave Duringer - Protective Law Corp | Mar 28, 2017 | Archived, Asset Protection, Health Planning, Retirement Planning
[bctt tweet=”Brevity is the soul of twit: ONE-SENTENCE BILL REPEALS OBAMACARE #tcot #ccot #MAGA” username=”guntrust”] “This Act may be cited as the ‘Obamacare Repeal Act,'” the bill states. And the bill uses just one sentence...
by Dave Duringer - Protective Law Corp | Mar 23, 2017 | Archived, Asset Protection, Retirement Planning
Market returns are coming down this year, and investors should expect a lower return environment for the next decade, according to J.P. Morgan Asset Management. That means investors will have to save a lot more to meet their retirement goals. Source: Lower...
by Dave Duringer - Protective Law Corp | Mar 21, 2017 | Archived, Asset Protection, Retirement Planning
Republican talking points around tax reform centers on the need to lower them, yet there isn’t consensus between the Trump administration and Congress on what that looks like. Trump wants tax cuts without regard to the impact on the deficit; Paul Ryan, speaker...
by Dave Duringer - Protective Law Corp | Mar 21, 2017 | Asset Protection, Health Planning, Retirement Planning
Additionally, under the Republican plan, unused health insurance credits can be contributed to an HSA. The idea that we could have “tax credits that can be deposited into a tax-advantaged account has never happened before in American tax history,” said Kevin...
by Dave Duringer - Protective Law Corp | Mar 18, 2017 | Asset Protection, Retirement Planning
Along with the student loan debt bubble and other major financial factors, the looming pensions crisis is bound to be the death of us all.Because it’s based on a future promise to pay, it has long been a benefit dangled to solve strikes and union disputes –...
by Dave Duringer - Protective Law Corp | Mar 12, 2017 | Asset Protection, Estate Planning, Family Protection, Religious Faith, Retirement Planning
The model these ETF’s are based on is located here. As you can see from the parameters, it is solidly Christian and there is nothing in there that is anti-gun (closest thing to that is aiding oppressive regimes). This is a relief for me because a few...
by Dave Duringer - Protective Law Corp | Mar 11, 2017 | Retirement Planning
Keith couldn’t wait to retire. He planned to volunteer, golf every day, and travel with his wife. He teased friends who were still “chained to a desk” as he flaunted his coming freedom. Yet, two months after retirement, Keith found it hard to get out of bed or...
by Dave Duringer - Protective Law Corp | Mar 3, 2017 | Archived, Retirement Planning
This year, investors have poured a combined $2.4 billion into three exchange-traded funds focused on banks — State Street Corp.’s Financial Select Sector SPDR fund, ticker XLF, BlackRock Inc.’s iShares U.S. Financials ETF, ticker IYF, and the Vanguard...
by Dave Duringer - Protective Law Corp | Mar 3, 2017 | Retirement Planning
For previous generations, retiring by age 65 with a nice pension was practically a guarantee. For the modern workforce, retirement age — and the concept of retirement itself — is a little more uncertain. In fact, a recent Merrill Edge report found that 83% of...
by Dave Duringer - Protective Law Corp | Mar 1, 2017 | Archived, Asset Protection, Retirement Planning
“Robo-advisors are expected to be the big winners with the DOL’s fiduciary rule,” says Jo-el Meyer, managing editor of pensions & benefits at Bloomberg Law.“During the development of the rule, the DOL often pointed to robo-advisors as the future of...
by Dave Duringer - Protective Law Corp | Feb 26, 2017 | Archived, Asset Protection, Creditors & Predators, Retirement Planning
That adds up to £240,000 a year and will amount to a £2.16million fortune by the time of his anticipated release.Under America’s Employee Retirement Income Security Act, the pension cannot be touched by creditors, despite Simpson owing almost £27million....
by Dave Duringer - Protective Law Corp | Feb 3, 2017 | Asset Protection, Creditors & Predators, Estate Planning, Financial Mentorship, Retirement Planning, Spendthrift Children
Luck all around, despite the bad planning. Carrie had formal next of kin, daughter Billie Lourd, who inherits the house, the money and presumably the French bulldog even if the outspoken and occasionally erratic actress forgot to leave a valid will behind....
by Dave Duringer - Protective Law Corp | Feb 3, 2017 | Asset Protection, Estate Planning, Retirement Planning
With a reverse mortgage you will never have a mortgage payment as long as you live in the home. Because it is insured by the government, you will never owe more than the home is worth, and the property may be willed to your heirs.The heirs may refinance the...
by Dave Duringer - Protective Law Corp | Feb 1, 2017 | Retirement Planning
Yet the economic recovery has been tepid, leaving out or squeezing many workers. Many of those laid off are in part-time or lower-level positions, or drifting in and out of the labor force. Many depleted their nest eggs to pay living expenses while they were...
by Dave Duringer - Protective Law Corp | Jan 29, 2017 | Estate Planning, Retirement Planning, Tax Planning
While Americans often worry about not having enough money in retirement, they seldom worry about their capacity to manage that money.1 At first glance, this lack of concern appears justified because many financial activities are so routine – like paying the monthly...
by Dave Duringer - Protective Law Corp | Jan 27, 2017 | Asset Protection, Retirement Planning
Enjoy the run, because it may not last. This past year provided evidence that there’s a growing grassroots revolt brewing among the individual investors who have been so crucial to the securities industry for decades. This awakening is likely irreversible...
by Dave Duringer - Protective Law Corp | Jan 27, 2017 | Estate Planning, Retirement Planning
These must be the same Satanic voices that give us LegalZoom and self-driving road hazards. I dissent. Are there any humans left? Enough with these charlatans and their dangerous, destructive boondoggles. In the future, I can see this evolving into a more...
by Dave Duringer - Protective Law Corp | Jan 26, 2017 | Asset Protection, Retirement Planning
Tactical management was created to meet the typical investor’s needs and expectations. While still considered active, tactical management is quite different. Tactical management seeks growth during “normal” times but is engineered to avoid the majority of the...
by Dave Duringer - Protective Law Corp | Jan 26, 2017 | Retirement Planning
Pew’s research, based on U.S. Census Bureau survey data, found that 56 percent of part-time workers in lower-hour industries do not have access to a 401(k) or other retirement plan, compared with just 29 percent of full-time workers in higher-hour industries....
by Dave Duringer - Protective Law Corp | Jan 24, 2017 | Retirement Planning
(Bloomberg) –A profit center. A silent fee. One more kick in the pants.Those are a few of the ways divorce lawyers describe the fee that many 401(k) plan participants have to pay when they need to divide a retirement account in a divorce. As more wealth...