Weekly Roundup Feb. 24 - 28, 2020

Anne Stanley

Among the best stories from Retirement Daily for Feb. 24 - 28: Retirement planning for business owners, the IRA 1-rollover-per-year rule, and retroactive Social Security benefits.

Adviser Lucas Minton writes that understanding retirement planning for a business owner requires an understanding of what a business means to its owner, emotionally and financially. "There's a myriad of published articles regarding savings rates, diversification, and target rates of return for the typical investor with his or her IRA, brokerage account, or 401(k) plan," he says. "All this discussion and research has tremendous value, and today's investor is armed with more information than ever before to make wise decisions. Unfortunately, one of the topics rarely mentioned is business owners and their unique needs in preparing for retirement. The reasons for this are more due to complexity than they are nefarious. Let's look at the questions to start the planning discussion and the most frequently used business retirement plans."

Read more in Retirement Planning Options for Business Owners

And in case you missed them, here are some more great columns in Retirement Daily:

Ask Bob: How Does the IRA 1-Rollover-per-Year Rule Work?

A reader wants to make a withdrawal from two IRAs, then redeposit the money within 2 months.

New Retirement Research

Here are some of the latest reports, surveys, and studies related to retirement, including research into home equity, home healthcare and the Social Security impersonation scam.

Trade off: Retroactive Social Security Benefits

The rules for retroactive benefits are different for different kinds of Social Security payments, according to Social Security expert Andy Landis.

How to Plan for Long-Term Care

Adviser Sandra D. Adams writes that planning ahead for long-term care and making sure that both financial plans and families are protected makes good sense.

The 'Widow's Penalty': What It is and How to Plan

Adviser William Harris writes this disadvantage is an equal-opportunity offender. It affects both widows and widowers alike, as well as people at various income levels.

Ask Bob: There's no 'Marriage Penalty' in Social Security Benefits

A reader asks about the difference between average Social Security benefits for individuals compared to married couples.

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