Minimize or Eliminate RMDs
It is important for IRA owners and beneficiaries to understand the required minimum distribution (RMD) prerequisites and learn how to reduce unnecessary taxes. If an accountholder or beneficiary misses an...
Considerations for Roth IRA Conversions
Converting from a Traditional IRA to a Roth IRA can be a great way to jump-start your Roth IRA savings. Conversions involve moving (typically) pre-tax Traditional IRA assets into a...
Roth IRAs: The Five-Year Rule for Qualified Distributions
Since 1998, Roth IRAs have proven their worth. The possibility of tax-free earnings has drawn millions of investors to this remarkable retirement savings tool. Annual contributions can help savers accumulate...
Utilizing Retirement Savings and Tax Strategies for College Expenses
A four-year college degree may not be right for everyone, but studies show that it can pay off. In 2021, women aged 25-34 with at least a bachelor’s degree earned...
Reducing Taxes in Retirement With An IRA
It’s never too early to begin thinking about how to reduce your income tax liability in retirement – especially because some strategies require action in the years leading up to...
2023 SDIRA Fraud Alerts
Investors value the self-directed IRA (SDIRA) for the freedom to invest in almost any type of investment while deferring taxes on contributions and investment gains. While the types of alternative...