John Iammarino, president and founder of Securus Financial in San Diego, says when people move from a 401(k) to an IRA, “they go from maybe 10, 20 or 30 options…to thousands of different options out on the open market.”

Read More

But when other expenses such as travel, additional leisure activities, and health care are factored in, most times people end up spending just as much in retirement as they did when they were working, says John Iammarino, president and founder of Securus Financial, a wealth-management firm in San Diego.

Read More

John Iammarino, the principal and founder of Securus Financial, told FOX Business among the changes that could be negative for retirees is the potential elimination of stretch IRAs. The new law says people who inherit an account must drain it within 10 years, while the current law allows them to stretch it out over a lifetime.

Read More

“Widows and widowers have to understand that when their partner dies, typically, their income goes down with the loss of one Social Security benefit and a possible reduction in pension benefits,” said John Iammarino, president and founder of Securus Financial in San Diego, California, in an interview. “And while their income goes down, their taxes may go up.”

Read More