When it comes to financial planning, your mind automatically wanders to market graphs, economic journals, and financial advisors in business suits determining the next effective strategy. While it is true that financial planning is a complex and dynamic activity, there are some aspects of it that can be implied in the simplest of manners. One ...

40 years ago, when Individual Retirement Accounts or IRAs were rolled in motion as a vehicle of retirement savings, no one saw the generational turn investors would take. Since then, IRAs have become a popular investment tool. While opening an IRA, account holders generally have to name a beneficiary. These beneficiaries get precedence over anyone ...