Leading tax questions on the minds of advisors from our webinar
Here are some of the top tax questions asked by advisors on our recent webinar.
Tag: Roth IRA
Soaring federal debt signals future tax increases
Given the current state of federal debt and solvency issues with entitlement programs, it is likely that revenue needs will lead to higher taxes.
Taxpayers face challenges as tax provisions sunset in 2025
Unless Congress acts, current tax rates and most tax provisions in the tax code will sunset in 2025.
Top advisor questions from our SECURE 2.0 webinar
Tax credits for start-up retirement plans, Roth strategies and easing rules around RMDs were among the top advisor questions about SECURE 2.0.
Ten income and estate tax planning ideas for 2023
Looking at the year ahead, individuals may want to explore opportunities to save more, reduce taxes, or revise their tax planning strategies.
SECURE 2.0 creates new backdoor Roth opportunity
Beginning in 2024, the SECURE Act allows unused funds from a college savings plan to be transferred to a Roth IRA in a form of backdoor Roth strategy.
SECURE 2.0 closes in on the finish line
SECURE 2.0 garnered significant bipartisan support in Congress and expands on the goals of the 2019 bill to help people save more for retirement.
Five year-end planning ideas for retirement savings
Year-end is an opportune time to review retirement savings plans and determine if any adjustments are needed.
Changes to key figures for Social Security, Medicare in 2023
As retirees and workers gauge their finances for next year, here are some key changes to Social Security and Medicare to consider.
Year-end planning ideas to lighten the tax burden
As year-end approaches, taxpayers may consider strategies to try to hedge the risk of higher taxes and mitigate the tax burden.