Trusts and Retirement Accounts

by Ben Bouman on

Retirement accounts, IRAs, 401(k)s, and the like, and revocable living trusts can avoid the cost and time of probate court. Whether or not to place retirements accounts in living trusts is an entirely different question.  The answer is NO.  However, using a trust as beneficiary of IRAs and other ret...

Reagan's 702(j) Retirement Plan

by Ben Bouman on

President Reagan’s Secret 702(j) Retirement Plan

Several times over the past few weeks I have been asked if I knew anything about “President Reagan’s Retirement Plan” and a 702(j)-retirement plan. I had never heard of such a thing, so I decided to investigate it. Here’s the deal folks. There is no...

Asset Allocation

by Ben Bouman on

Asset allocation involves dividing your investments among different assets, such as stocks, bonds, and cash. The asset allocation decision is a personal one. The allocation that works best for you changes at different times in your life, depending on how long you have to invest and your ability to t...

Long-term Investing

by Ben Bouman on

Long-Term Investing

One of the advantages associated with long-term investing is the potential for compounding. Here’s how it works: When your investments produce earnings, those earnings get reinvested and can earn even more. The more time your money stays invested, the greater the opportunity for...

What is investing?

by Ben Bouman on

Invest (n-v st)

to put (money) to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciation in value.

Investing means letting your money go to work for you. Essentially, it's a different way to think about how to make money. Instead o...

UC Streamlines Retirement Options

by Ben Bouman on

UC Streamlines 403(b) and 457 Retirement plans

As a registered Investment Advisor Representative who grew up here in Los Alamos and whose parents both worked for UC I always do my best to be aware of what is happening with my client and prospect base. About a month ago I learned that effective July...