You Shouldn’t Always Delay IRA Distributions
The Secure Act 2.0 just upended retirement planning…again. The age when retirees must begin drawing from non-Roth retirement accounts increases to 73 in 2023, then
The Secure Act 2.0 just upended retirement planning…again. The age when retirees must begin drawing from non-Roth retirement accounts increases to 73 in 2023, then
Updated for 2024. There are lots of ways to spend an inheritance. But just because you have options, doesn’t mean they’re all good options. After
UPDATE: In April 2024, the IRS again announced final regulations will be forthcoming and will apply (at earliest) to the 2025 distribution year. Individuals affected
If you invested in a startup or small business (founders, employee exercise of stock options, business owner), you need to know about qualified small business
When should you exercise stock options? With stock options, employees have the right (not obligation) to buy the shares (called exercising). Vesting is often the
If you have company stock in your 401(k), consider the pros and cons of net unrealized appreciation at retirement. Under the net unrealized appreciation rules,
Updated for 2024. Can you give money to charity using your IRA? For individuals 70 1/2 or older – the answer is usually yes. What
If you work for a private company or startup, you may be able to exercise your stock options early. With an early exercise, employees buy
Giving appreciated stocks can be a great way to maximize your gift to charity and your tax benefits. When you donate cash, you’re giving after-tax
Updated for 2024. Anyone with earned income can make a non-deductible (after tax) contribution to an IRA and benefit from tax-deferred growth. But it may