Scott Tucker, Investment Adviser Representative
President, Scott Tucker Solutions
Scott Tucker is president and founder of Scott Tucker Solutions, Inc. (ScottTuckerSolutions.com). He has been helping Chicago-area families with their finances since 1998. A U.S. Navy veteran, Scott served five years on active duty as a cryptologist and was selected for duty at The White House based on his service record. He holds life, health, property and casualty insurance licenses in Illinois, has passed the Series 65 securities exam and is an Investment Adviser Representative.
Phone: 847.786.9872 | Website: www.scotttuckersolutions.com
Hey, Parents: Caution Is Critical with UTMA Custodial Accounts
personal finance
Hey, Parents: Caution Is Critical with UTMA Custodial Accounts
Giving your kids or grandkids a leg up in life is a nice thing to do, but if you’re thinking of doing it with an UTMA custodial brokerage account, you…
October 1, 2021
3 Reasons to Wait Until 70 to Start Taking Your Social Security Benefits
social security
3 Reasons to Wait Until 70 to Start Taking Your Social Security Benefits
In a rush to file for Social Security benefits at age 62? Many people are, but slow down and do the math first – or you might regret it.
September 9, 2021
What NOT to Do with Your TSP: 8 Thrift Savings Plan Mistakes to Avoid
retirement planning
What NOT to Do with Your TSP: 8 Thrift Savings Plan Mistakes to Avoid
Many federal workers saving for retirement in TSPs get tripped up by these common pitfalls. To help maximize your own savings, make sure you steer cle…
April 14, 2021
Firefighters Face Unique Challenges with Deferred Comp
retirement planning
Firefighters Face Unique Challenges with Deferred Comp
Saving in your deferred compensation plan sounds like a great idea … until you get to the tax bill when it’s time to make your withdrawals. Considerin…
February 1, 2021
For Pilots, Retirement Planning Is No Place to Wing It
retirement
For Pilots, Retirement Planning Is No Place to Wing It
Some special circumstances make pilots prime candidates for needing professional financial advice.
June 29, 2020
Don't Let the SECURE Act Turn Your Legacy into a Windfall for the IRS
retirement
Don't Let the SECURE Act Turn Your Legacy into a Windfall for the IRS
The new law takes away the popular "stretch IRA" option for most non-spouse beneficiaries, so to save your beneficiaries potential tax liability, your…
April 28, 2020
Find the Right Rung on the Legacy Planning Ladder
retirement
Find the Right Rung on the Legacy Planning Ladder
Even simple estates need a plan, whether it be a will or possibly a trust. Putting your plan together is like climbing a ladder: Just take it one rung…
April 12, 2020
Is Your 401(k) or IRA a Sleeping Tax Bear?
retirement
Is Your 401(k) or IRA a Sleeping Tax Bear?
Tax-deferred accounts could lead to an unwelcome retirement surprise, so start planning now to tame the beast.
December 23, 2019
Retiring Early? Ways to Help Avoid Early Withdrawal Penalties on Retirement Accounts
retirement
Retiring Early? Ways to Help Avoid Early Withdrawal Penalties on Retirement Accounts
Substantially equal periodic payments are one option available to those who really need to tap their IRAs early. But be aware that can be a complicat…
October 23, 2019
Give the Money, Keep the Tax Break with Donor-Advised Funds
investing
Give the Money, Keep the Tax Break with Donor-Advised Funds
If the higher standard deduction have kept you from getting any tax benefits from your charitable giving, there is a way around that.
July 10, 2019
Don't Let an Ego-Driven Portfolio Crash Your Retirement
retirement
Don't Let an Ego-Driven Portfolio Crash Your Retirement
Congratulations, you managed to put together a brag-worthy investment portfolio, but making the adjustments necessary to keep it there takes a lot of …
December 17, 2018