Navigating Required Minimum Distributions: Smart Withdrawal Strategies
Are you nearing retirement and unsure how to handle your required minimum distributions? A 72-year-old investor is grappling with...
required minimum distributions
Managing an Inherited IRA: Tax-Efficient Strategies
In a groundbreaking discovery, scientists have found evidence of water on the moon's sunlit surface. This revelation challenges previous...
New IRS Regulations Clarify Inherited Retirement Account Withdrawal Rules
In a recent development, the Internal Revenue Service has finally clarified rules regarding retirement account distributions for non-eligible designated...
Maximizing Tax Benefits: 3 Strategies for Charitable Giving
**Lead:** Looking to maximize your charitable donations while minimizing your tax bill? Find out how strategic giving can benefit...
White House Budget Proposals: Taxes on Retirement Accounts of the Wealthy
Lead: President Biden's budget proposal includes new taxes targeting the retirement accounts of the wealthiest Americans, potentially impacting assets...
Financial Adviser Fees: What You Need to Know
Lead: Are you wondering if $265 an hour is too much to pay for a fee-only financial planner? Let's...
Tax Considerations for Leaving a Large Inheritance
A 74-year-old retired widower is considering liquidating his $1 million in tax-deferred retirement funds to avoid burdening his children...
Managing Required Minimum Distributions for Multiple IRAs and a 401(k)
Are you approaching the age where you have to start taking required minimum distributions (RMDs) from your retirement accounts?...
Understanding the Timing and Tax Implications of Required Minimum Distributions (RMDs)
Summary: Turning 73 and facing a $53,000 required minimum distribution (RMD) from retirement accounts, Dave is unsure about the...
Fixing Social Security: Reallocating Resources for Retirement Security
Conservative economist Andrew Biggs and the author, who usually disagree, have both concluded that subsidies for private-sector retirement plans...