Top 10 IRA Mistakes to Avoid

1. Taking the wrong RMD amount 2. Taking distributions too early 3. Failure to properly identify designated beneficiaries 4. Not knowing the special rules for spousal IRA beneficiaries 5. IRA ...

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Roth IRA Cheat Sheet for 2018

Annual Contribution Limit: The lesser of your taxable compensation or $5,500 ($6,500 if age 50 or older) Contribution Age Limit: None Contribution Eligibility: Up to the maximum is permitted if ...

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What’s the REAL Cost of Aging?

There has been a tremendous spike in life expectancy in America over the last 50 years, so what is the real cost of aging? This chart shows approximate median annual ...

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Thinking About a Roth?

Roth and traditional IRAs have the same objective: both provide an incentive to save and both provide income after retirement. However, there are a few distinctions you should be aware ...

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Got CD?

Got CD? If you’re like most CD owners, it’s disappointing to get such low CD rates. Yes, you are technically exchanging safety for those low rates, but how safe and ...

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Spousal Beneficiaries: Treat as Your Own Option for IRAs

What options does a spouse have? A surviving spouse has the most options of any beneficiary. Spousal beneficiaries also have the unique “treat as your own” option that is not ...

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Is Your Retirement Plan Tax-Infested?

Many Americans with qualified plans such as 401(k)s and IRAs make the mistake of not understanding rollover regulations. Why is this a big deal? Because not knowing the rules and ...

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2018 Health Savings Account (HSA) Limits

Maximum Contribution Individual Only: $3,450 Family Coverage: $6,900 HDHP Minimum Deductibles Individual Only: $1,350 Family Coverage: $2,700 HDHP Maximum Out-of-Pocket Amounts Individual Only: $6,650 Family Coverage: $13,300 Catch-up Contribution (age ...

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Individual v. Trust Income Tax Rates for 2018

  Source: IRS Rev. Bulletin: 2018-10  

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RMD Basics

If you own or are the beneficiary of an IRA, 401(k) or other retirement plan, make sure you don’t make an RMD (required minimum distribution) error. Failure to take at ...

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