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Monthly News & Updates

 

September 2024

 

2 Big IRA Rollover Mistakes to Avoid

Financial advisors are well aware of the tax rules that affect retirement withdrawals, required minimum distributions, Roth conversions and rollovers. Clients, though, can often make major wealth-killing mistakes when managing their retirement savings. 

Such mistakes are becoming increasingly common as Americans find more of their household wealth concentrated in retirement accounts.

A growing number of individuals are making “fatal errors” in the rollover process, especially as people change jobs more frequently and face tricky decisions about whether to consolidate accounts from past jobs.  Here are some Key mistakes that people can make during the rollover process — potentially robbing them of a substantial portion of their wealth through penalties, excise taxes and fees.

Here are two potential pitfalls to avoid:


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Does Putting Your Home in a Trust Protect It From Medicaid?


Men and women often approach money management differently and this difference can extend to planning for retirement. While women still may have some of the same financial goals as men, they may face unique challenges and may not always have the same outlook or needs as men when it comes to saving for the future. If you’re not where you want to be on your retirement planning journey or are unsure where to start, don’t worry! 

Here are four steps women can take today to help prepare for the road ahead.


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Are you Making These Mistakes with your IRA?

If you have an IRA account you may be making big mistakes taht could cost you thousands. We have published a

FREE REPORT

"Common IRA MIstakes".



In this exclusive report, you’ll learn why your IRA may be your biggest retirement liability. And, if it is, you’ll learn what you can do about it. In the next few pages you’ll also learn the real truth about IRA investing. You’ll even discover some of the IRA tax traps that snare many people. You may also learn how to save tens or even hundreds of thousands of dollars in taxes on your IRA over your retirement.

GET YOUR REPORT HERE
 

THE "TRUTH" ABOUT LIFE INSURANCE


Life Insurance is our specialty. Many families are underinsured or not insured at all. Many people don't even know where to start. We have prepared an exclusive 


FREE REPORT " The Truth About Life Insurance".

This REPORT will give you valuable information about Life Insurance and it's huge importance for your financial security. Click Here and You will have INSTANT ACCESS to this exclusive report. Please let us know if you have any questions 401-864-0738..

Fred Sundin

President

Sundin Financial Group

sundinfinancial@yahoo.com

401-864-0738

 
 
 
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