What Is The 5 Year Rule?

If your traditional IRA beneficiary is a non-person such as your estate, a non-qualified trust or your favorite charity, you may be told that the “5-year rule” may apply when ...

Read More

Protecting Yourself from a Plunging Market

Just because the market takes a dive, doesn’t mean your nest egg has to. Despite market volatility, anybody with a safe, guaranteed investment option can sleep well knowing their money ...

Read More

The “Still Working Exception”

What is the still working exception? If you have a qualified employer retirement plan, you generally need to start taking your required minimum distributions (RMDs) no later than April 1st ...

Read More

Avoid Charitable Contribution Mistakes!

There are basic donation rules that must be followed when contributing to your favorite charity, but it’s easy for anyone to make a mistake. Here are just a few common ...

Read More

Say Goodbye to Recharacterizations

Passed by both the House and Senate, right before the Christmas holiday President Trump signed into law the “Tax Cuts and Jobs Act” that, among other things, eliminates Roth IRA ...

Read More

RMD Reminder

RMD Reminder If you have an IRA or inherited an IRA, did you take your required minimum distribution (RMD) for 2017? Time is ticking away and you must take it ...

Read More

“Kiddie” Tax Basics

What is a “kiddie” tax? It’s a tax on a child’s investment and/or other unearned income. It was originally created to deter parents from shifting their investment assets to their ...

Read More

QCD Planning

If you are an IRA owner, the IRS requires that you withdraw a minimum amount (RMD) from your IRA each year after your required beginning date. However, some IRA owners ...

Read More

Are Your Beneficiary Forms Up to Date?

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

Read More

Be Careful with Self-Directed IRAs

Thinking of a Self-Directed IRA? Did you hear or see a commercial or receive a solicitation letter about investing in a self-directed IRA? The IRS recently released a notice to ...

Read More