http://personalwealth.saulnews.com A Law Blog hosted by Fri, 25 Jul 2008 14:39:55 +0000 http://backend.userland.com/rss092 en This was the only quote I could think of to introduce a discussion of planning with Roth IRA and retirement plan benefits. In response to this statement, Groucho Marx said: "Is Roth here too? Tell Roth to wax the Dean for a while." Delaware Sen. William Roth gave his name ... http://personalwealth.saulnews.com/archives/71 This was the title of a series of lectures to help spouses, mostly wives, understand financial matters. It addressed a very real problem that families face when the “financial spouse” passes on. What bills do I have to pay? Will I have enough income to cover my expenses now that ... http://personalwealth.saulnews.com/archives/72 Dagwood Bumstead, featured in the long-running comic strip Blondie, has worked for more than 70 years for J. C. Dithers, the model for many a law firm senior partner. But that was not the way he started out comic strip life. His saga tells an interesting story about family ... http://personalwealth.saulnews.com/archives/73 The San Diego Union-Tribune has been reporting for some time on the ongoing woes plaguing that city's retirement system. A story reported on June 14, 2008 indicates that the city had hired a large law firm to look into the problems and to represent it in an investigation by ... http://personalwealth.saulnews.com/archives/61 Part of planning for the future is deciding where to spend the golden years, as marketing types like to call them. For those people who have an option where to live in retirement, there are the usual suspects: Florida, Arizona, North Carolina and there is the state that ... http://personalwealth.saulnews.com/archives/59 A new book by Alice H. Munnell and Steven Sass, titled "Working Longer: The Solution to the Retirement Income Challenge", published by the Brookings Institution Press, makes some important points about planning for retirement. Americans, they say, need to work longer because of a contracting retirement income system, the ... http://personalwealth.saulnews.com/archives/57 Section 409A of the Internal Revenue Code was enacted in reaction to concerns about the taxation of deferred compensation, especially some of the abuses uncovered in the failure in recent years of several large corporations, including Enron. The law was enacted in 2004, but several extensions were granted of ... http://personalwealth.saulnews.com/archives/56 Actually, the Warren Zevon song refers to “Lawyers, Guns and Money,” but the Internal Revenue Code can also be a dangerous weapon. Now that the campaign for president has reached the general election stage, it’s time to realize that whoever wins the election; there are massive changes in our ... http://personalwealth.saulnews.com/archives/62 I know it was discussed extensively over the past few years, but is it no longer front-page news because the problem has been fixed? Apparently not. It’s more likely that the nation is suffering from attention deficit disorder and can only think about high gas prices right now. But this ... http://personalwealth.saulnews.com/archives/63 This is what a father wrote in a will that was brought to me. It illustrates another fundamental point about estate and retirement planning. The father had decided to make his estate planning easy. “I’ll just buy CDs in my name and in the names of each of my children. ... http://personalwealth.saulnews.com/archives/64