I am concerned about the SECURE and RESA acts currently being considered in Congress. If either of them passes, my children will lose the inherited stretch IRA ability and face a much higher tax bill upon my demise.
Going straight from a busy work life to ‘retired’ can be difficult, if you haven’t mapped out your path. Preparing yourself effectively involves both financial and lifestyle choices.
You’ve spent your working life building up your retirement through a 401(k) and now that you are getting a divorce, you don’t know what is
There is no doubt that estate planning is often talked about in terms of planning for married couples and families. However, estate planning for single
The recent Anniversary of the attack on our country on September 11, 2001 reminds all of us of the sacrifice first responders made not only
Many people are frightened of long-term care costs—for good reason.
It is time to evaluate your options for how to use your time when you stop working.
Children and grandchildren inheriting traditional IRAs could quickly find themselves in the top 37% tax bracket, thanks to changes ushered in by the Tax Cuts and Jobs Act.
When you set up an IRA with a brokerage, you’ll usually be asked to designate a beneficiary. This is where you would enter the trust as your beneficiary, should that be the option you choose.
Many annuities cannot be passed on to a beneficiary; any money left in them when you die goes to the insurance company.
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