When you opened your Roth IRA account, you may have assumed all distributions would always be tax-free. This, however, is a common misunderstanding that can
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Are you worried about remembering to take your required minimum distributions (RMDs) each year once you hit age 73? If you’re a traditional IRA account owner
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The opportunity cost argument surrounding Roth conversions suggests that an opportunity is lost by paying the conversion tax upfront instead of investing it
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Have you paid medical expenses this year worth more than 7.5% of your adjusted gross income? Do you plan on buying your first home soon? Are you currently
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Estate beneficiaries are often subject to a heavy tax burden when inheriting a loved one’s retirement assets. If the estate is subject to both federal estate
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Increasing healthcare costs is one of the top concerns among Americans today. One option to consider to help pay for these costs is through a Health Savings
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Have a tax refund headed your way? Before splurging on that big-ticket item you’ve had your eye on, consider these quick tips for potential investment in your
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Retirement plan contribution limits regularly increase. In response to inflation, the IRS announced substantial increases to many of these limits for 2023. Be
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Managing taxes during retirement might be the single most critical factor influencing your retirement lifestyle. As you transition from working for an income to
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If you are above a certain income threshold, you may be subject to an additional Medicare surtax. Under The Affordable Care Act, the Medicare surtax requires an
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