Happy Thanksgiving!… Are Your Beneficiary Forms Up to Date?

While you are giving thanks for all your blessings, it is a perfect opportunity to also take a moment to think about your beneficiary forms. Although a will controls the ...

Read More

QCD Basics

It’s that time of year again…we’re quickly approaching the December 31st deadline for RMDs from qualified retirement plans. If you are an IRA owner, the IRS requires that you withdraw ...

Read More

My Plan Custodian Will Only Issue a Check, Now What?

Checks Issued Could Still Qualify as a Trustee-to-Trustee Transfer… If you want to do a direct transfer (trustee‐to‐trustee transfer) but your current IRA custodian or plan administrator will only issue ...

Read More

ESAs: One Per Year Rollover Rule Applies

Just like IRAs, the one per year rollover rule also applies to ESAs! Many Americans have opened Coverdell ESA accounts to pay for qualified educational expenses for a designated beneficiary. ...

Read More

CDs: 7 Years of Bad Luck?

How safe is a CD really if the rate of return is extraordinarily low? If you do a little math, you can actually lose out on money due to factors ...

Read More

October 15th is Coming…

As the IRS October deadline approaches, here are a few important October 15th reminders: Extension Deadline This the general extension deadline for most taxpayers. Recharacterizations This is the deadline for ...

Read More

Time for a Policy Make-Over?

As your financial planning and insurance needs change, it may be time for a policy make-over. Why consider a policy make-over? Depending on when you chose your policy, there may ...

Read More

Are Your Social Security Benefits Taxable?

Here are some tips to help you determine if your benefits are taxable: If Social Security is your only 2018 income source, your benefits are probably not going to be ...

Read More

Need to Correct IRA Contributions?

If you filed a timely federal tax return, you typically have until October 15th of the year following the year you made an excess IRA contribution to correct that error. ...

Read More

Non-Spouse IRA Beneficiaries

Inherited IRA distribution options for non-spouse beneficiaries differ between traditional IRAs and Roth IRAs. Below is a brief comparison chart of standard available options. However, options available to your IRA ...

Read More