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Can an Inherited IRA Be Split Between Siblings?
Splitting an IRA among heirs is often the best choice for parents so that there is no dissension or in-fighting among ...
JD Supra14h
IRS releases catch up Roth Guidance
The Internal Revenue Service (“IRS”) issued proposed regulations regarding the provisions of the SECURE 2.0 Act of 2022 (“SECURE 2.0”) that relate ...
My wife and I saved up $73,000 in 529 college savings plans for our kids — then their grandma generously paid for everything. Can we still use the 529 plans without pen…
Say you made saving for your kids’ college education a priority, but then grandma swoops in and pays for everything. What ...
Healio2d
How to contribute more dollars to tax-sheltered Roth accounts
For high-income earners, including physicians, getting funds directly into a Roth IRA or other after-tax accounts can be a ...
Is it too late for a Roth? My husband has just retired, but I'll work for another 10 years.
I have always contributed to regular retirement accounts. I started a new job and I'm considering a Roth. We're in a weird situation. My husband just retired and has a pension and Social Security. He ...
How to Reduce Your Lifetime Tax Bill With a Roth IRA
Growth and retirement withdrawals from a Roth IRA are tax-free, allowing investors to benefit from compounding over time. A ...