Are you saving enough for retirement?
Summer Jobs and Loving Grandparents
When their grandchildren get older, my clients will often pose the question of how to help them out without just giving them money directly.
How to Report Your 2020 RMD Rollover on Your Tax Return
One of the provisions of the CARES Act was a suspension of 2020 Required Minimum Distributions (RMDs). For individuals who took a distribution early in 2020, they were given the opportunity to “undo” part or all of that distribution by returning funds to their IRA by August 31, 2020. Learn more about the tax reporting.
Making Sense of the WEP and GPO
Do you have a federal or local government pension? Don’t let the WEP or GPO surprise you. Not only do many people find these rules confusing, but they are also often completely overlooked, which may result in a big surprise when filing for Social Security benefits.
2020 Year-End Tax Moves
Here are six moves to consider making before the end of the year to potentially lower your taxes both this year and in years to come.
Why You Should Consider ROTH Conversions During a Bear Market
The benefits of ROTH conversions are not just effective during a severe bear market but can be utilized nearly every year.
New IRS Rollover Relief Update for Required Minimum Distributions (RMD)
On June 23, 2020 the IRS announced additional relief relating to Required Minimum Distributions (RMD), allowing you to return RMD funds withdrawn after January 1, 2020. Learn more about this announcement.
