by Jonathan Bill | May 8, 2020 | COVID-19, Personal, Retirement
If you have an IRA or other qualified retirement plan and you are 70+, you’ll want to know about a special rule change made in response to the COVID-19 pandemic. Under the Coronavirus Aid, Relief and Economic Security (CARES) Act enacted in March, you will not have to...
by Jonathan Bill | Feb 16, 2020 | Personal, Retirement
According to a recent study by GOBankingRates, Georgia ranks as one of the best states to retire if you’re trying to stretch your nest egg. If you have $100,000 saved, for example, you can expect to live off that for 877 days in Georgia (roughly 2-1/2 years). The...
by Jonathan Bill | Jan 3, 2020 | Personal, Retirement, Tax Season
President Trump signed into law in December a bill to keep the federal government funded. As part of that bill, several new tax changes were enacted, include some major changes to retirement plan rules. The new “SECURE” Act is designed to encourage retirement savings...
by Jonathan Bill | Jul 14, 2019 | Personal, Retirement
The Peach State is among the top 10 tax-friendly states for retirees, as ranked by Kiplinger in 2017. Social Security income is exempt from Georgia state taxes, as is up to $35,000 of most types of retirement income for anyone age 62 to 64. When you hit 65, the...
