Browsing: IRA

Dear Penny, I will soon be 90 years old. My wife passed in 2017, and I inherited her IRA account. I now withdraw $1,200 every three…

getty The gift-giving season is upon us, and if you’re like many, you’ll be looking for a last-minute gift that isn’t the same-old, same-old. This year,…

Roth IRAs have gotten much attention in the financial media over the last few years. The idea of receiving tax-free income in retirement via Roth IRAs…

Eleganza | E+ | Getty ImagesThe best tax brackets for Roth conversionsWhen crunching the numbers for a Roth conversion, you’ll want to consider how the transfer…

When you inherit an IRA, it’s more than just a financial windfall, it’s a responsibility. The rules governing inherited IRAs are complex and can significantly impact…

Srdjanpav | E+ | Getty ImagesMore from FA Playbook:Here’s a look at other stories impacting the financial advisor business.When a Roth conversion is completed, you’ll owe…

As the markets tested record highs, retirement savers reaped the benefits.The average 401(k) plan balance ended the third quarter up 23% from a year earlier, at…

Qualified Charitable Distributions (QCDs) offer a powerful way to reduce your tax burden required minimum distributions from IRA and other pre-tax accounts while making a difference…

dowell | Moment | Getty ImagesBefore the election, some advisors increased Roth individual retirement account conversions for clients amid the threat of higher taxes after 2025.Now,…

Annuity vs. IRA: What’s the difference? Source link