Marathon Group Financial

Last week, we spoke about RMDs and we were then asked to take it a step further and talk about the issue of leaving an IRA to beneficiaries once you have begun to take your annual distributions. With an Inherited IRA, you may either need to take annual distributions no matter what age you were

For many investors entering their 70s, diligently contributing to and saving in tax-deferred retirement accounts must soon turn to making mandatory annual withdrawals. That’s because the government requires retirees to take required minimum distributions (RMDs) from such accounts after a certain age. Retirees may find RMDs to be a bit daunting, partly because of the

An interesting study performed by the Center for Retirement Research at Boston College delved into the concept of lifespan variation, and why it provides valuable information about mortality beyond life expectancy. “It is precisely this uncertainty around the average lifespan that gives rise to “longevity risk” – the possibility of living an unusually long time

All too often when we need to find an important financial document we can’t remember where we put it. Keeping important documents up to date and accessible is essential. Even after you finalize your will and have decided what your financial plans are, there is one more important step to take: organizing those documents, having

No, you’re probably not imagining it. 69% percent of Americans surveyed by Lending Tree in 2023 reported they’d paid an extra fee when using a credit card for a purchase. A smaller, more recent survey by WalletHub put that figure at 79%, with 85% of the participants saying that credit card charges made them feel

Have you heard this phrase? It is often used to refer to the anxiety and stress that people feel in the years leading up to retirement. While it is common to feel a sense of stress with any major change, many feel a higher level of anxiety as they approach retirement due to the various

At this time of year there tends to be discussion about what our New Year’s resolution will be. Researchers suggest that only 9% of Americans that make resolutions complete them. In fact, research goes on to show that 23% of people quit their resolutions by the end of the first week, and 88% fail them

Conversions of a traditional IRA to a Roth can differ individual to individual, even where the same sum of money is involved. Let’s take, for example, two individuals, each with $100,000 in a traditional IRA, that the funds were identically invested and would double over 10 years. The tax rate was posed to be 30%.