TSD Memphis


The split-annuity strategy

The split-annuity strategy involves purchasing two types of annuity contracts: immediate and deferred. The immediate annuity would provide a current income stream during the early years of retirement, and the deferred annuity would have the potential to provide a future income stream.

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B-A-M-M – ‘We just keep doing what we’re doing!’

No conversation about the church and economic development is complete without referencing The New Olivet Baptist Church and the Rev. Kenneth T. Whalum Jr. For years, Rev. Whalum and First Lady Sheila Whalum have supported African-American business and literally sent thousands of customers to deserving businesses through their Bust A Move Monday Initiative.

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Celebrate Juneteenth without becoming a slave to unhealthy food

It has been nearly 150 years since President Abraham Lincoln issued an Executive Order that proclaimed the freedom of slaves in those 10 rebellious states after the raging American Civil War. But the signing of the Emancipation Proclamation on Jan. 1, 1863, was not celebrated by the enslaved until June 19, 1865, when Major General Gordon Granger stormed into Galveston, Texas with his Union troops to enforce the president's order.

Juneteenth, as it is referred to today, is celebrated in dozens of U.S. states by African Americans who continue to commemorate the freedom of ancestors

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Designating retirement plan beneficiaries

IRAs and defined-contribution plans have become an important component of personal wealth – averaging roughly 60 percent of the assets of U.S. households with $100,000 or more to invest, according to recent research.

Designating account beneficiaries (in light of your overall estate conservation strategy) and keeping those designations up to date can be a complex process

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Hey ‘Just Mad’ – ‘Stupid is what takes us into learning’

Dear Lucy: My heart is just breaking. My daughter has been married for six years to a man that I begged her not to marry. He is just trifling, he's cheated on her, never held a steady job and now he's left her with four children, ages 1-6. I am also very angry. I am too old to raise kids but I know I will have to help her out. I wanted to retire this year and now I don't see how I can. I am a widow and raised my three children by myself. I just did not want this for her. Every time I talk to her, I just want to scream and ask her how she could be so stupid! Help.

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