Now’s the time to review and act on retirement accounts
With different tax rules and penalties for forgotten distributions, it's important to review retirement accounts before the end of the year.
Putnam Wealth Management
Preserving and sustaining wealth for the future
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Provision to make tax-free donations using an IRA is permanent
Retirees at age 70½ may direct IRA assets to a charity tax-free under a provision made permanent by Congress.
Planning Idea
Tax-smart planning strategies for year-end
Consider strategies like gifting and required minimum distributions in year-end planning.
Planning Idea
It’s never too soon to talk about year-end planning
Consider these tax and estate-planning ideas for year-end planning.
The urgency behind year-end planning
The end of year is a critical time for financial planning — with many strategies having a December 31 deadline. Chris Hennessey explains why urgency about financial planning moves...