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July 14, 2022
Once the IRA owner passes the required beginning date, the planning options for the IRA are limited. Here are four things an older IRA owner can do.
May 4, 2022
The Internal Revenue Code encourages individuals to save for retirement by offering taxpayers the ability to invest for their ‘golden years’ through a variety of tax-favored retirement accounts such as IRAs, Roth IRAs and 401(k) plans.
February 23, 2022
It’s always nice to get a tax reduction. Starting in 2022, required minimum distributions, or RMDs, by seniors from qualified retirement plans such as IRAs and 401(k)s will be reduced
February 17, 2022
For the first time in nearly twenty years, on January 1, 2022, the Internal Revenue Service (IRS) updated its actuarial tables for determining required minimum distributions (RMDs) from...
February 12, 2022
Knowing how to calculate required minimum distributions for 2022 may be challenging due to several recent changes in tax rules.
February 11, 2022
Recent IRS Notice 2022-6 updates longstanding guidance on when a series of payments from an individual account under a tax-favored retirement plan is considered a series of "substantially equal periodic payments".
February 10, 2022
Recent IRS Notice 2022-6 updates longstanding guidance on when a series of payments from an individual account under a tax-favored retirement plan is considered a series of...
January 13, 2022
These new tables come just as America experiences a downtick in life expectancies because of the coronavirus and its reverberations.