Although declining an inheritance seems like an unlikely move, there are situations in which a beneficiary chooses to pass their assets to an alternate
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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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Back-to-school season is upon us, which serves as a great reminder to consider how you can help your children or grandchildren fund their higher education.
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Designating a nonprofit organization or charity as a beneficiary of your estate is admirable. However, although their tax-exempt status makes IRAs ideal for
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With recent changes under the SECURE Act and SECURE Act 2.0, there are more exceptions than ever before to access retirement accounts early without the 10%
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Many people have company-sponsored retirement plans as part of their portfolios. As these accounts were designed to be savings vehicles, funding them is
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When creating a financial plan, many people wish to leave a legacy for their loved ones. Some individuals choose to name their spouse as the sole beneficiary
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When inheriting a loved one’s retirement assets, estate beneficiaries are often subject to a heavy tax burden. If the estate is subject to both federal estate
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If you recently withdrew money from your retirement account with plans to execute a 60-day rollover but missed your deadline, you may be worried about the
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If you inherit an IRA from a deceased loved one, it is crucial to know the complexities involved. Following the rules to effectively manage the account isn’t
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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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Are you looking for a way to secure a financially stable future for your child? An IRA may be the solution! There is no minimum age for having an IRA and, as
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