Review and update your beneficiary forms annually to avoid oversight and eliminate confusion.

There are many key dates and approaching deadlines for us to explore capitalizing on.

For many nearing retirement, the excitement of entering the golden years can be overshadowed by fear. A qualified longevity annuity contract, or QLAC, is used by many retirees to help alleviate this concern.

This strategy can significantly lower your tax bill if you have NUA-eligible assets. However, ensure it is suitable for your situation and be aware of the strict rules surrounding the process.

Health Savings Accounts (HSAs) offer tax benefits that can help you save for future healthcare costs. But how do you access the funds for out-of-pocket medical expenses once you’ve started saving?

When the time comes for your beneficiaries to receive your IRA assets, are you confident they will use their inheritance in the way you’d want them to?

As we enter the holiday season, many are in the spirit of giving. A qualified charitable distribution, or QCD, is a solution many IRA owners age 70½ and older consider this time of year.

When you opened your Roth IRA account, you may have assumed all distributions would always be tax-free. This, however, is a common misunderstanding that can leave you in a world of pain come tax season

Are you worried about remembering to take your required minimum distributions (RMDs) each year once you hit age 73? If you’re a traditional IRA account owner, this may be just one of the reasons you’re considering a Roth conversion.

Knowing your loved ones have financial support upon your passing helps provide peace of mind. With this in mind, many people use life insurance policies and Roth IRAs to provide income to loved ones and to leave an inheritance.

The opportunity cost argument surrounding Roth conversions suggests that an opportunity is lost by paying the conversion tax upfront instead of investing it.

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.

While tapping into your retirement account should usually be a last resort, some situations may cause you to consider accessing your money early.

If you intend to leave assets to multiple people, having them listed properly as beneficiaries is essential.

If you missed the 60-day deadline for completing an IRA rollover due to an error or an unexpected life circumstance, the IRS has an option for individuals to self-certify for a waiver of the deadline so that they can complete a late rollover.

Estate beneficiaries are often subject to a heavy tax burden when inheriting a loved one’s retirement assets. If the estate is subject to both federal estate and income taxes, consider the income in respect of a decedent (IRD) deduction to avoid double taxation.

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 straightforward and varies depending on whether you are the

deceased’s spouse, a non-spouse or a trust beneficiary.

Are you looking for a way to secure a financially stable future for your child? An IRA may be the solution!

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 Account (HSA).