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PFA Ponderings

Reverse Mortgages – Scam or Solution?

By | PFA Ponderings

Sometimes we in the planning world tend to paint with a broad brush.  Rules of thumb become ingrained and biases develop.  In doing some self-introspection, I recently identified such behavior in myself around the topic of Reverse Mortgages. I was quick to dismiss reverse mortgages as sub-optimal financing schemes for…

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ROTH OR NOT?

By | PFA Ponderings

The 1997 Taxpayer Relief Act, like most tax code overhauls, was born out of bits and pieces of manipulation. The most memorable of these was an initiative brought forth by Senator William Roth of Delaware.  The Individual Retirement Account, legislated into existence in 1974, had become a staple of individual…

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