
Inherited a 401(k) From a Parent? Tax Planning for Distributions
If you’ve inherited a 401(k) from a parent, you likely have questions about your options for the account and the tax impact. Luckily, non-spouse beneficiaries
If you’ve inherited a 401(k) from a parent, you likely have questions about your options for the account and the tax impact. Luckily, non-spouse beneficiaries
How much money do you need to retire at 60? That depends entirely on how much you plan to spend in retirement. Absent a large
What is a brokerage account? A brokerage account is a non-retirement investment account. Essentially, a brokerage account is the opposite of a retirement account like
If you’re inheriting a trust fund, you likely have questions about how the distribution payouts to beneficiaries work and the tax implications. While general information
Updated in 2023. Deciding whether or not to take the offer of a voluntary early retirement package or buyout from an employer is a big
When your paychecks stop, you’ll have to decide where to turn for retirement income. Many individuals have several options: cash savings, IRAs and retirement accounts,
Updated for 2023. What is a capital gains tax? When you sell an asset like a stock or a home, your gain could be taxable.
How are stock options taxed? If you have stock options or equity-based compensation as a large part of your income, the tax treatment of your stock
A step-up in basis is a tax advantage for individuals who inherit stocks or other assets, like a home. A step-up in basis could apply
Revocable or living trusts play an important role in many estate plans. Married couples utilizing trusts in their estate plan need to consider if it’s