Page 24 - Iras News Today

Your clients may have heard conflicting advice – they must change their IRA beneficiaries, spend down their IRA as soon as possible, dismantle their trust, or immediately convert their traditional IRA to a Roth IRA, Sophia Duffy writes.

San Antonio-area man accused of defrauding retired cops pleads guilty FacebookTwitterEmail Victor Lee Farias, a Fair Oaks Ranch businessman, entered a guilty plea in a federal criminal case Wednesday. U.S. Magistrate Judge Richard B. Farrer accepted the plea via Zoom rather than in-person in the John H. Wood Jr. U.S. Courthouse.File photo A Fair Oaks Ranch businessman faces up to 20 years in federal prison after he pleaded guilty Wednesday to orchestrating a Ponzi scheme that cost investors mor...

As you take a closer look at your financial footing amid the headwinds of a pandemic,...

None of us knows everything we need to know about money, so we may turn to experts for...

Todd: 401(k)s and iras. >> you talk about that all the time. it is money over retirement. if you belong to a 401(k), you could put away $19,000 to put money away for retirement. make a final year and contribution and take advantage of that. if you are an employer you can contribute employee payments, a great benefit to give to your employees. give money to the government. >> two pieces of advice, you have to analyze and file early

Retirement plan, maximize what you put away. you definitely want to contribute to your ira. if you have a 401(k) available do that as well. rob: lets show the maximum contributions for your ira or your 401(k). you get that additional 1000 if you are 15 and older, and 19,000, for your 401(k), 6000 if you are 50 and over. not just iras and 401(k)s. >> it is good to be charitable and you want to maximize charitable contributions. the new tax law, a lot of itemized deductions went away with how we f...

Reduction in the cost of education for everybody. steve: what about support on capitol hill for getting something done because i dont know if you have seen the papers but apparently there is some impeachment thing going on there. >> there is a little bit of acrimony. i have several republicans that have signed up for the bill. we dont have the names to release this morning. but we have several republicans. we are trying to get democrats and we are going to try to get a republican and a democrat ...

Last straw. so what i say is the country right now is a victim of impeachment harassment. the media expects you the viewer to have a heart attack every frickin week. every time they come up with a new bombshell. they want you to riffe and care. our viewers and people at home the voters know better than this. there is a disconnect between the way america is and the way the media portrays it. right? americans are starting jobs. there is low unemployment. they have swollen iras and spending their m...

Country that is booming. people are starting businesses. you know, like i said, they are spending their iras. people are actually getting along unlike five years ago. relatives are getting let out of jail thanks to trump. people are having -- its great -- its easy to get along when you have jobs. this is what the democrats want you to ignore. what the media wants you to ignore. >> katie: i think on the biden angle, too, why is joe biden even in this conversation? the "new york times" published t...

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