Now is the time to start thinking about your 2020 return due next April. While it’s always a good idea to be proactive when it comes to tax planning, it’s particularly important this year.
Read MoreStrategies for maximizing your retirement account’s potential for growth, while minimizing tax liabilities and other risks that could arise in light of the legislation’s legal changes.
Read MoreThe changes ushered in by the SECURE Act have dramatic implications for both your retirement and estate planning strategies—and not all of them are positive.
Read MoreAs we head towards the end of the year, we’re fast approaching the deadline to implement your family’s tax strategies for 2019. If you haven’t yet taken full advantage of the planning opportunities offered by the tax code, now is the time to do so.
Read MoreIndividual retirement accounts (IRAs) do not pass to your family through a will. Instead, upon your death, your IRA will pass directly to the people you named via your IRA beneficiary designation form. Unless you take extra steps, the named beneficiary can do whatever he or she wants with the account’s funds once you’re gone. The beneficiary could cash out some or all of the IRA and spend it, invest the funds in other securities, or leave the money in the IRA for as long as possible.
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