RMDs, What You Need to Know

What is a Required Minimum Distribution (RMD)? It is the amount that the US Federal Government requires a person to withdraw annually from their traditional IRA, SEP IRA or SIMPLE IRA, and employer-sponsored retirement plan. You cannot keep retirement funds in your account indefinitely, you are required to take a minimum distribution and pay taxes […]

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Impact of Hurricane Harvey and Irma

On August 25th, 2017 Hurricane Harvey hit landfall near Rockport, Texas, stalling over south Texas on August 26th and then moving slowly east into the Gulf of Mexico before making its final landfall near Cameron, Louisiana on August 30th. Areal coverage of locations picking up at least 20 inches of rain was greater than the […]

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Things you should do before it’s too late

By Sprincz Financial Group, LLC It’s hard enough to lose a loved one but even harder still to lose a loved one who has taken care of everything for you. When my dad started getting sick, I think in the back of his mind he realized that he had taken care of everything for my […]

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Social Security, Medicare and Medicaid

By Sprincz Financial Group, LLC Let’s just look at some general numbers to begin. The population of the US is over 325 million people with over 51 million retirees The fastest growing demographic by 2024 (that’s 7 short years) will be those over the age of 65. Put into different words, there will be a […]

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