Coggin & Coggin PLLC

Coggin & Coggin PLLC Coggin & Coggin PLLC provides business law, probate, estate planning, and wills to the Burleson, TX area.

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08/31/2026

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Many retirees fear running out of money before they die, especially when Social Security or other retirement income may ...
08/30/2026

Many retirees fear running out of money before they die, especially when Social Security or other retirement income may not be enough to cover all of their expenses. They may have substantial cash in the bank but hesitate to spend it because they worry that doing so could leave them with nothing later in life. One potential strategy is to use a portion of those savings to purchase a fixed indexed annuity with a lifetime income option, creating a predictable stream of income that can continue for as long as they live. This can help address longevity risk by providing a reliable source of income without requiring retirees to continually worry about how long their savings will last. Depending on the policy selected, additional benefits or riders may also provide enhanced income or financial protection if the owner requires nursing-home, assisted-living, or home-health care. While annuities vary in their guarantees, liquidity, surrender charges, and other provisions, the right policy can provide retirees with greater confidence that they will have income available throughout retirement.
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08/28/2026

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Roth IRAs for minors generally can only be funded if the child has earned income, and contributions are limited to the a...
08/26/2026

Roth IRAs for minors generally can only be funded if the child has earned income, and contributions are limited to the applicable annual limit. A parent generally cannot simply contribute to a Roth IRA for a child who has no earned income.
By contrast, up to $5,000 can be contributed each year to a Trump Account. Those contributions could grow substantially by the time the child turns 18. The money could then be moved into a Roth IRA, with the parent potentially paying the taxes due on the conversion.
Once in the Roth IRA, the money could continue growing tax-free for the next 40–50 years. By retirement, this could result in a substantial investment account. After age 59½, withdrawals generally could be made free of federal income tax, or the money could remain invested and continue growing tax-free throughout the individual’s lifetime.
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08/21/2026

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Address

250 NW Tarrant Avenue Suite E
Burleson, TX
76028

Opening Hours

Monday 9am - 4pm
Tuesday 9am - 4pm
Wednesday 9am - 4pm
Thursday 9am - 4pm
Friday 9am - 4pm

Telephone

(817)2957161

Website

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