There are several prohibited transactions you must avoid as an IRA owner. A prohibited transaction occurs when an account owner uses IRA assets in a self
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Converting your traditional IRA to a Roth IRA can come with many benefits, including eliminating the uncertainty of how future tax rates will impact your income
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When considering the best way to leave your loved ones an inheritance, it’s important to be aware of the options available to you. While life insurance is a
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The back-to-school season can be a great time to consider how you plan to help your children or grandchildren fund their higher education. 529 plans are a
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Have you heard about the opportunity cost argument against Roth conversions? Some believe there is a lost opportunity cost by doing a Roth conversion because
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Saying “no thanks” to an inheritance might seem like a crazy idea to most, but don’t count it out until you know all the benefits. A disclaimer allows a
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Do you know all the options you have available to you for your company retirement plan distribution? Whether it’s a 401(k), 403(b), 457 or another type of
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As a retirement account owner, you’ve probably been warned about the 10% early distribution penalty that applies to taxable distributions made before age 59½
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Considering naming a charity as a beneficiary of your estate? The tax-exempt status of non-profit organizations can make IRAs ideal for charitable gifting, as
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Have you missed the 60-day deadline for completing an IRA rollover due to an error or an unexpected life circumstance? Fortunately, the IRS has created an
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Have you recently inherited a loved one’s retirement assets? If so, you should know that there may be an income tax deduction available to you called the income
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For some people, leaving a legacy is as simple as naming their spouse as their sole beneficiary, but for many, there is a list of loved ones they want to
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