Posts Tagged ‘financial planning’
Rules of an Inherited Traditional IRA
When inheriting a traditional IRA in a non-spousal relationship, you have different options based on the age of the original account holder of the traditional IRA. If the account holder was under 70 1/2 you have three options: Life Expectancy Method: annual distributions over your life expectancy based on your age in the calendar year following…
Read MoreMaking Everything Simpler & More Secure for Our Clients
Yesterday, we closed our offices so our team could attend a one-day Charles Schwab conference. This conference offered us so much new and exciting information. Your experience with Chesapeake Financial Advisors and with Charles Schwab will improve greatly – now – and in the coming months. Improvements have been made in several areas of client…
Read MoreRetirement Planning (It is never too Early)
Retirement is one of the biggest experiences that you will have in your lifetime. The planning takes many years of hard work and persistence. The headaches and uncertainty can be reduced with homework, investment plan, and a long term commitment. Retirement planning is a continuous process that even goes on in retirement. To get…
Read More3 Potential Benefits of Dollar Cost Averaging
We put together this short presentation video as a reminder and overview of the three primary benefits of dollar-cost averaging. It is appropriate for investors considering or already utilizing a systematic investing plan, including retirement plan participants in a 401k or 403b. Click here for the video on the three primary benefits of dollar-cost-averaging Chesapeake…
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