The holiday season is upon us and our mailboxes are not only filling up with catalogs and holiday cards but also requests from charities to make a gift before year-end. As we celebrate with our loved ones, we tend to think a little more about those who are less fortunate, and many charitable organizations see a substantial spike in donations.
Social Security benefits are a pension plan of sorts. You have a variety of options: take the money early, take it at full retirement age (FRA), or take it later. If you are approaching age 62, this is a critical time for making that decision and RCG can help – especially with the knowledge and wisdom.
Three situations collectively offer a strong chance of a long-term benefit from converting to a Roth IRA.