Distribution planning under the SECURE Act
For some with inherited retirement accounts, next steps for distribution planning may be unclear under the SECURE Act rules.
Tag: IRA
Looking beyond the basics of RMDs
While many retirees know the basics of RMDs there are many aspects of the process that may not be fully understood.
Five year-end planning ideas for retirement savings
Here are some year-end planning considerations when reviewing your retirement savings plan.
The tax bite on retirement income may surprise retirees
Challenges can emerge for investors who have not planned for the impact of taxes on retirement income.
Next steps for investors who withdrew funds under the CARES Act
Individuals who withdrew retirement funds under the CARES Act have options for filing and paying taxes.
RMD waiver expanded for all investors in 2020
The IRS released new guidance that expanded the RMD waiver for use by all investors in 2020.
Trust strategies rattled by SECURE Act
The SECURE Act recast the rules for leaving retirement assets to heirs, creating challenges for beneficiaries and conflicts with certain trust strategies.
The dawn of a new 10-year rule for IRAs
The SECURE Act became law in December and introduced many changes to retirement accounts, including a new 10-year rule for IRAs signaling the repeal of the stretch IRA strategy.
Little-known strategy provides for IRA-to-HSA transfer
A strategy that allows investors to make an IRA-to-HSA transfer may be used only once in a lifetime.
Don’t let creditors put your IRA savings at risk
Creditor risk, which may be overlooked by investors, can erode retirement savings, particularly in an IRA account.