Retirement Plan Rollover Options
When you leave (or have left) an employer, you have several choices of what to do with your qualified retirement plan such as a 401(k) or 403(b). Each choice has distinct advantages and ...
RMD RULES FOR 2020 – Updated June 23, 2020
Normally, if you are age 72 or over this year, you must take a Required Minimum Distribution (RMD) from your IRA each year. This same requirement exists if you were required to take an RMD in ...
RMD Starting Age Now 72 – The Good & Bad Secure Act
THE SECURE ACT: In December 2019, Congress passed the “Setting Every Community Up for Retirement Enhancement” (SECURE) Act. (Long name with a misleading acronym.) This retirement ...
Roth IRA Summary
The beginning of the year is a good time to contribute to a Roth IRA and to open one if you haven't taken advantage of this tax-free investment vehicle.
Should You Convert Your IRA to a Roth?
Background & Advantages You can convert some or all of your IRA to a Roth IRA, regardless of your income level. Up until 2010, you were not allowed to do a conversion if your modified ...
Roth IRA – A Great Plan
The beginning of the year is a good time to contribute to a Roth IRA and to open one if you haven’t taken advantage of this tax-free investment vehicle. Eligibility Married: Your Adjusted ...