Workers in some states will soon have another option to save for retirement. California is the latest state to pass a law that establishes state-run retirement plans for workers who do not have a plan through their employer....more
Workers in some states will soon have another option to save for retirement. California is the latest state to pass a law that establishes state-run retirement plans for workers who do not have a plan through their employer....more
Passing down a Roth IRA can seem like a good idea, but it doesn't always make the most sense. Before converting a traditional IRA into a Roth IRA to benefit your heirs, you should consider the tax...more
9/19/2016
/ Distribution Rules ,
Elder Issues ,
Employee Benefits ,
Estate Planning ,
Estate Tax ,
Estate-Tax Exemption ,
Individual Retirement Account (IRA) ,
Popular ,
Retirement ,
Retirement Plan ,
Roth IRA ,
Tax Rates
The oldest of the 75 million baby boomers have begun turning 70 in 2016. Becoming a septuagenarian is a milestone in itself, but it also means that soon the IRS will likely be expecting you to start cashing out your...more
5/5/2016
/ 401k ,
Distribution Rules ,
Individual Retirement Account (IRA) ,
IRS ,
Penalties ,
Qualified Charitable Distributions ,
Retirement ,
Retirement Plan ,
Social Security ,
Tax Planning ,
Tax-Deferred Exchanges
Annuities can be valuable retirement and longevity planning tools, but they are complex financial products that can be misused. There are two kinds of annuities: variable and immediate. Variable annuities have gotten a bad...more
The federal budget agreement that President Obama signed into law November 2, 2015, spells the end to two Social Security strategies that some spouses have used to maximize benefits. The strategies were worth tens of...more