Retirement Blog

Real Estate Investment Strategies for Beginners

Joseph Patrick Roop’s Insights: Four Common Retirement Planning Mistakes That Could Leave You Without Enough Money

Joseph Patrick Roop Highlights the Financial Risks of Retiring at 65 and How to Avoid Running Out of Money in Retirement

Joseph Patrick Roop’s Advice for Employers: How to Support Baby Boomers' Financial Security as They Approach Retirement

Maximize Your Retirement Savings: Expert Tips from Joseph Patrick Roop on 401(k) Contributions, Roth IRAs, and Diversification Strategies

How Rising Medicare Premiums and Lower Social Security COLA Predictions Could Impact Seniors' 2025 Benefits

The IRS has released new rules for beneficiaries of inherited IRAs that will take effect in 2025. These changes clarify the controversial "10-year rule," requiring most beneficiaries to fully withdraw the IRA within 10 years, with some facing mandatory annual distributions if the original account holder had begun taking RMDs before passing away. This marks a significant shift from the previous ability to "stretch" distributions over a lifetime. In this post, we'll break down the new rules, highlight important exceptions, and offer tips on how to best navigate these changes to avoid costly tax mistakes.

Insights from Joseph Patrick Roop, founder of Belmont Capital Advisors

Insights from Joseph Patrick Roop, founder of Belmont Capital Advisors