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Consequences of Modifying an Irrevocable Trust From: www.aaepa.com In the past, trusts often were drafted with little flexibility. Now, more and more, trusts tend to be drafted with increased flexibility…
Do you know the difference between a Profit and Loss vs Balance Sheet? From: www.yourcfoguy.com They are both crucial in Finance & Accounting, yet each tell you different information Let’s…
Stretch IRAs still exist for some beneficiaries From: www.investmentnews.com Although the SECURE Act eliminated stretch IRAs for most beneficiaries, replacing them with the 10-year post-death payout rule, some beneficiaries can…
Baby Boomer Trend: Asset-based Long-term Care Insurance From: www.thestreet.com Life insurance policies that provide long-term care benefits are growing in popularity and attracting younger baby boomers anxious to protect their…
Bonds Or Annuities: What’s The Best Way To Generate Retirement Income? From: www.forbes.com Many of us are familiar with and follow the “120 minus your age” investing framework. It says…
Leaving a Legacy: Stretching Your IRA From: www.GAFRI.com Stretching Your IRA: A simple way to make your money mean more to future generations You’ve planned carefully for your retirement. And,…
2018 Capital Gains Tax Rates — and How to Avoid a Big Bill From: www.nerdwallet.com All about long-term and short-term capital gains tax rates, including what triggers capital gains tax,…
The financial struggles of unplanned retirement From: www.foxbusiness.com Monica wants to rest her tired, swollen feet. The 86-year-old retiree walks slowly to her old loveseat and sits down carefully. The…
Key Provisions from the SECURE Act From: www.iamsinc.com On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Act into law. The SECURE Act marks the…
Congress Suspends Required Minimum Distributions For 401(k)s And IRAs For 2020, Opening Window To Tax Savings From: www.forbes.com The bipartisan COVID-19 stimulus bill just signed by President Trump includes welcome…