Video Tips: A Wonderful Way to Reduce Your RMD Taxes
A Qualified Charitable Distribution (QCD) lets retirees donate IRA funds tax-free while satisfying required minimum distributions.
RMD
Tax Benefits of Qualified Charitable Distributions
Learn how Qualified Charitable Distributions (QCDs) can reduce taxable income, manage RMDs, and enhance your retirement tax strategy.
Catch-Up Contributions for 50+ Taxpayers
Taxpayers aged 50+ can boost retirement savings through catch-up contributions in 401(k), SIMPLE, and 403(b) plans. Learn key 2025 updates and limits.
Retirement Strategies for a Secure Financial Future
Discover essential retirement strategies, from downsizing and tax planning to RMDs, Medicare premiums, and charitable giving for a secure financial future.
Qualified Longevity Annuity Contracts Can Reduce Your RMD
Qualified Longevity Annuity Contracts: A Smart Strategy to Prevent Outliving Your Retirement Savings.
Video Tips: Tax-Savvy Charitable Giving with RMDs
Learn how you can save on taxes by making charitable contributions directly from your IRA.
Make Tax-Free Charity Donations from Your IRA Re
Generally, individuals who are 70½ or older may make a Qualified Charitable Distribution (QCD) of up to $100,000 from their individual retirement account each y
Video Tips: IRS Update for IRA RMDs in 2023
The RMD required beginning date for IRA owners who will attain the age of 72 in 2023 has been moved to April 1, 2025.
Relief For Some 2023 IRA RMDs
On July 14, 2023, the IRS issued Notice 2023-54 announcing that traditional IRA owners who will attain age 72 in 2023 will have to take their first required minimum distribution by April 1, 2025, rather than April 1, 2024
Will the Recently Passed Pension Legislation Affect You?
The President, on December 29, 2022, signed the Consolidated Appropriations Act, 2023, which is the “omnibus spending bill” Congress needed to pass to avoid a government shutdown.