The IRS has clarified the rules for inherited IRAs.
Starting Next Year, Required Means Required
read more
IRA beneficiaries
Possibly Beneficial Beneficiary Ploy
Roth conversions, charitable planning, and beneficiary designations are all considered in an effective overall estate plan.
Could Your RMD Become a QCD?
It is very effective to give money to charity through an IRA distribution sent directly to that charity. Your Required Minimum Distribution is thus turned into a Qualified Charitable Distribution.
Who Wants to Be an IRA Beneficiary?
On both the giving and the receiving end, there are things that are important to consider in naming IRA beneficiaries.
New Law Makes Big Changes to Retirement Plans
By Dara M. Hensel President Trump on December 20 signed a spending bill that makes major changes to retirement plans. The new law is designed to provide more incentives to save for retirement, but it may require workers to rethink some of their planning. The Setting...
Inherited an IRA – What Are Your Options?
If you inherit an IRA from a parent or sibling, writes Eric Vogt in Forbes, you probably have many questions: What options do I have for taking distributions? What are the tax implications? How do I incorporate this inheritance into my existing financial plan? Two...
