There are many different facets to the estate planning process, and questions arise when you start to ponder the details. With this in mind, if you have an individual retirement account (IRA), you may wonder about the rules for the beneficiary or beneficiaries. We will provide some clarity in this post, and it is important right around now, because there have been some relatively recent changes that have altered the playing field. Traditional Individual Retirement Accounts The traditional … [Read more...] about What Are the Rules for Inherited IRAs?
There are new tax proposals working their way through the House and Senate. These proposals, if passed, would change retirement savings significantly. Read on to learn more about these proposals and whether they might impact you or your clients. New Tax Proposal re: Retirement Savings … [Read more...] about New Tax Proposal re: Retirement Savings