Congress Does Away with the Stretch IRA
Some members of Congress have, for some time, expressed their displeasure with the so-called stretch IRAs that have permitted some beneficiaries, such as a youn
IRA
New Twist Added to the IRA-to-Charity Provision
Ever since 2006, individuals age 70½ or older have been able to transfer up to $100,000 annually from their IRAs to qualified charities.
Retirement Planning
Tax Tips for IRA Owners
There are both opportunities and pitfalls for IRA owners, and while you definitely don’t want to get caught up in a pitfall, you may want to take advantag
Retirement Planning
It’s Not Too Late to Make a 2018 Retirement-Plan Contribution
Have you been ignoring your future retirement needs? This tends to happen when people are young; because retirement is far in the future, they believe that they
Retirement Planning
Thinking of Tapping Your Retirement Funds Early? What You Need To Know
If you are suddenly in need of a substantial amount of cash, probably the last thing you should do is tap your retirement funds. They are the key to a financial
Retirement Planning
Making Two IRA Rollovers in One Year Can Be Costly
Tax law permits you to take a distribution from your IRA account, and as long as you return the distribution to your IRA within 60 days, there are no tax ramifi
Roth IRA – Is It For You?
Traditional IRAs are familiar to most taxpayers, providing a relatively simple method of saving for retirement AND deferring taxes in the process. But one drawb
IRA Missteps to Avoid
If you have an IRA account or are considering one, there are a number of potential missteps you will want to avoid. Some of them can lead to unwanted taxes and
Required Minimum IRA Distributions
The most recent IRS regulations substantially simplify rules for required minimum distributions (RMD) from IRAs.
Planning Your IRA Strategy
For over 40 years, individuals have been able to set up personal retirement plans called individual retirement accounts (IRAs). Nearly everyone who receives &ld