Exploring Roth IRA Annuities: Florida Retirement Income Strategies

Florida is well known for having thriving retirement communities, and has long been a haven for those seeking an ideal retirement destination. With a significant and influential senior population exceeding 5 million residents aged 65 and older in 2020, the state's appeal for many is undoubtedly evident. According to the latest data from the U.S. … Continue reading Exploring Roth IRA Annuities: Florida Retirement Income Strategies

Securing Your Future: Planning For Retirement & Maximizing Social Security In Florida

Retirement is a significant milestone in life, representing a new chapter filled with opportunities and the freedom to pursue our passions. Achieving a secure and comfortable retirement requires careful planning and understanding of all available benefits. In this article, we explore some of the essential elements in retirement planning. Secure Your Retirement Planning Goals | … Continue reading Securing Your Future: Planning For Retirement & Maximizing Social Security In Florida

Required Minimum Distribution (RMD)

All content in this post belongs to IRS.gov You cannot keep retirement funds in your account indefinitely. You generally have to start taking withdrawals from your IRA, SIMPLE IRA, SEP IRA, or retirement plan account when you reach age 70½. However, changes were made by the Setting Every Community Up for Retirement Enhancement (SECURE) Act … Continue reading Required Minimum Distribution (RMD)