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Some Americans may be preparing to convert their retirement assets into Roth accounts in response to President Biden’s future tax plans, but they should hold off before jumping into that decision.
The purchase business also has been good in Arizona, according to Nina Penny, CRMP, who is with Malibu Funding Inc.
It’s no secret that countless Americans rely on Social Security to stay afloat financially in retirement.
During the week of April 24th, NRMLA will host a series of online education sessions to teach Realtors, healthcare workers, financial advisors and other professionals how reverse mortgages work and how they can help meet their clients’ financial needs.
Financial experts say younger retirees—starting at age 62—could benefit from using reverse-mortgage lines of credit as interest rates rise.
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