Inherited Roth IRA withdrawal rules share many similarities as traditional inherited IRAs, but there are tax obligations and ...

Splitting an IRA among heirs is often the best choice for parents so that there is no dissension or in-fighting among ...

Inherited IRAs pose a number of new challenges, due to the SECURE Act of 2019 and updated IRS guidelines regarding RMDs.

and Roth IRAs (post-tax). You essentially are inheriting two different accounts. I address handling the traditional 401(k)s (pre-tax savings in Avoid Making Costly Moves With A Non-Spouse ...

From updating your will to planning for your children's care to addressing long-term care needs, make your family's needs a ...

Several states don’t tax Social Security benefits, 401(k)s, IRAs, and pensions. But you may still have to pay state taxes on ...

Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts ...

Over the years, you may have seen advice in the financial media about the "60/40 portfolio," which consists of 60% stocks and 40% bonds. This type of portfolio can be put together without too much ...

Let’s be honest—being middle class in America today feels like running a marathon on a treadmill that’s speeding up and occasionally catching fire. You work hard, save what you can, ...

The team at Waterville’s Golden Pond Wealth Management advises clients who wish to help their family’s younger generations.