Archive for January, 2009

Reverse Mortgages—As the Market Tanks, More Seniors Are Considering This Option

January 14, 2009

This Blog Is Sponsored By Soundview Financial’s Reverse Mortgage Guide. For more information on Reverse Mortgages, please visit the Reverse Mortgage Guide by clicking here.
As the value of retirment accounts have been dramatically reduced, seniors are looking at alternative strategies to fund ongoing living expenses in retirement.  A reverse mortgage allows you to tap [...]

Important New IRA Rules

January 14, 2009

For more information on IRAs, be sure to visit The IRA Guide and The Roth IRA Guide.
One of the most notable features of your IRA account is the requirement to begin withdrawing assets once you become 70 ½ years of age.  On December 23, 2008, President Bush signed into law the Worker, Retiree [...]