Welcome!

News Feed Item

LGBT Ally James Lange on a Mission to Help Same-Sex Couples Retire Secure

Pittsburgh-Based CPA/Attorney Announces New Book, Other Online Resources at OutEstatePlanning.com

PITTSBURGH, April 15, 2014 /PRNewswire-iReach/ -- The difference between a same-sex couple getting married and taking specific pro-active steps, and not getting married and not taking these pro-active steps can be the difference between running out of money and having $1.4 million during their retirement years. So says Pittsburgh-based CPA/Attorney James Lange who, after having done extensive research on the subject, is on a mission to educate and help (Lange's calculations are available upon request).

(Photo: http://photos.prnewswire.com/prnh/20140414/73103)

"Finally, thanks to changes passed into the law in 2013, same-sex couples that get married and take the appropriate pro-active steps can enjoy the same favorable financial benefits that well-informed opposite-sex married people currently enjoy—but only if they get married and take the appropriate steps," says Lange. 

NEW BOOK TO HELP SAME-SEX COUPLES RETIRE SECURE

Lange has written a new book, Retire Secure! for Same Sex Couples (Retire Secure Press, paperback and ebook, May 10, 2014), designed to help same-sex couples navigate the challenges and enjoy the rewards of the new laws. Lange is donating all the money he receives from book sales to Freedom to Marry (www.FreedomToMarry.com), a non-profit that promotes marriage equality. Though not official, the book will likely be an AARP book with a foreword by same-sex marriage advocate, Evan Wolfson.     

"There are now life-changing financial reasons to tie-the-knot," says Lange. "Getting married and combining new strategies (previously only available to married couples) with old concepts like maximizing Social Security benefits (using the apply-and-suspend technique) and by making a series of Roth IRA conversions, can mean hundreds of thousands of dollars or even over $1million of additional income to same-sex couples over the long term," Lange concludes.

Lange adds that there are new opportunities for same-sex couples in estate planning, particularly when one of the partner/spouses has an IRA or retirement plan.

"The tax laws heavily favor passing an IRA or retirement plan to a spouse; now, same-sex couples who get married can enjoy the enormous tax benefits available to a surviving spouse inheriting an IRA or retirement plan. Add in some of the advantages of the different techniques for taking spousal benefits for social security while both spouses are alive and after one passes, and other innovative strategies, and you have an arsenal at your fingertips to substantially increase wealth and financial security," Lange says.

In reference to Lange's new book, "America's IRA Expert" Ed Slott, CPA, says, "Jim provides a comprehensive road map to all the new retirement and estate planning strategies that were not previously available to same-sex couples. But they are now, and couples who wish to take advantage of them to enhance their options, increase their wealth, cut their taxes and live with financial security should dive into this gem."  Jane Bryant Quinn, syndicated personal finance journalist, said "Jim Lange has written a wonderful book for all committed couples – same-sex or opposite sex – who are considering marriage. Once you reach retirement age, marriage becomes the best way of preserving income and wealth for the partner who survives."

NEW WEB-BASED RESOURCE CENTER FOR SAME-SEX COUPLES

"Same-Sex Couples and Social Security Benefits," one of the most important chapters in Lange's book, is available as a pdf download, at no cost, at www.outestateplanning.com.  In addition to the book chapter, the site includes articles and links to upcoming financial seminars of interest to members of LGBT communities. Site visitors can also sign up for a free set of 10 new videos that concentrate on the central financial issues of IRAs, retirement plans and the best strategies for collecting social security. No matter when the videos are requested by a site visitor, one video will be emailed each week, in sequence, for 10 weeks. 

Although the "Out Estate Planning" site has been up since 2002, Lange re-launched the site in 2013 with the stated goal of being "the most important financial resource for same-sex couples." 

In addition, Lange features topics of interest to same-sex couples on his radio show The Lange Money Hour.  The show, which is broadcast live on Pittsburgh's KQV-AM 1410 streams live at http://www.kqv.com, covers a variety of financial-related topics. 

"A show just aired on April 9 where I provide a wealth of information for same-sex couples," Lange says. "That show, as well as a recent show that featured Evan Wolfson, attorney, gay rights advocate, and founder and executive director of Freedom To Marry, are available as free downloads on my website, www.outestateplanning.com."

About James Lange

James Lange, CPA/Attorney, is a nationally-known Roth IRA and retirement plan distribution expert. He's also the best-selling author of the first and second editions of Retire Secure! and The Roth Revolution: Pay Taxes Once and Never Again.

Lange's recommendations have appeared 30 times in The Wall Street Journal, 23 times in the Pittsburgh Post Gazette, The New York Times, Newsweek, Money magazine, Smart Money and Reader's Digest. His articles have appeared in The Journal of Retirement Planning, Financial Planning, and The Tax Adviser (AICPA). His most recent article, The Demise of DOMA, was published by PA Lawyer Magazine in the January/February 2014 issue (also available as a free download at www.outestateplanning.com).   

Media Contact: Alfred Martin, Impact Communications, 913-649-5009, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE James Lange

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
When building large, cloud-based applications that operate at a high scale, it’s important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. “Fly two mistakes high” is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Lee...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
The Quantified Economy represents the total global addressable market (TAM) for IoT that, according to a recent IDC report, will grow to an unprecedented $1.3 trillion by 2019. With this the third wave of the Internet-global proliferation of connected devices, appliances and sensors is poised to take off in 2016. In his session at @ThingsExpo, David McLauchlan, CEO and co-founder of Buddy Platform, will discuss how the ability to access and analyze the massive volume of streaming data from mil...
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, will discuss using predictive analytics to ...
WebSocket is effectively a persistent and fat pipe that is compatible with a standard web infrastructure; a "TCP for the Web." If you think of WebSocket in this light, there are other more hugely interesting applications of WebSocket than just simply sending data to a browser. In his session at 18th Cloud Expo, Frank Greco, Director of Technology for Kaazing Corporation, will compare other modern web connectivity methods such as HTTP/2, HTTP Streaming, Server-Sent Events and new W3C event APIs ...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
At first adopted by enterprises to consolidate physical servers, virtualization is now widely used in cloud computing to offer elasticity and scalability. On the other hand, Docker has developed a new way to handle Linux containers, inspired by version control software such as Git, which allows you to keep all development versions. In his session at 17th Cloud Expo, Dominique Rodrigues, the co-founder and CTO of Nanocloud Software, discussed how in order to also handle QEMU / KVM virtual machin...
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...
Silver Spring Networks, Inc. (NYSE: SSNI) extended its Internet of Things technology platform with performance enhancements to Gen5 – its fifth generation critical infrastructure networking platform. Already delivering nearly 23 million devices on five continents as one of the leading networking providers in the market, Silver Spring announced it is doubling the maximum speed of its Gen5 network to up to 2.4 Mbps, increasing computational performance by 10x, supporting simultaneous mesh communic...
Sensors and effectors of IoT are solving problems in new ways, but small businesses have been slow to join the quantified world. They’ll need information from IoT using applications as varied as the businesses themselves. In his session at @ThingsExpo, Roger Meike, Distinguished Engineer, Director of Technology Innovation at Intuit, showed how IoT manufacturers can use open standards, public APIs and custom apps to enable the Quantified Small Business. He used a Raspberry Pi to connect sensors...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
Father business cycles and digital consumers are forcing enterprises to respond faster to customer needs and competitive demands. Successful integration of DevOps and Agile development will be key for business success in today’s digital economy. In his session at DevOps Summit, Pradeep Prabhu, Co-Founder & CEO of Cloudmunch, covered the critical practices that enterprises should consider to seamlessly integrate Agile and DevOps processes, barriers to implementing this in the enterprise, and pr...
Eighty percent of a data scientist’s time is spent gathering and cleaning up data, and 80% of all data is unstructured and almost never analyzed. Cognitive computing, in combination with Big Data, is changing the equation by creating data reservoirs and using natural language processing to enable analysis of unstructured data sources. This is impacting every aspect of the analytics profession from how data is mined (and by whom) to how it is delivered. This is not some futuristic vision: it's ha...
The principles behind DevOps are not new - for decades people have been automating system administration and decreasing the time to deploy apps and perform other management tasks. However, only recently did we see the tools and the will necessary to share the benefits and power of automation with a wider circle of people. In his session at DevOps Summit, Bernard Sanders, Chief Technology Officer at CloudBolt Software, explored the latest tools including Puppet, Chef, Docker, and CMPs needed to...
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...