The financial Experts look at a common client situation where each spouse has different dreams about what retirement looks like. They discuss how important it is to have the retirement discussion early on when you’re in the saving phase.
The IRS has issued guidance to assist employers and plan administrators on how to report coronavirus-related distributions and how individuals may report these distributions on their individual federal income tax returns.
The “Money Talks” financial experts discuss a unique opportunity that 2020 brings—the ability to roll what would have been a 2020 RMD into a Roth IRA. They also cover the nuances of this move as well as why it may be beneficial to some investors.
From converting traditional IRAs to taking advantage of the RMD suspension for 2020, this year provides unique tax opportunities for those who have traditional IRA accounts.
Wills and trusts are common estate planning documents. While each can help in the distribution of assets at death, we outline seven key differences between the two.
Read highlights of about the current financial condition and challenges both Social Security and Medicare face.
While the CARES Act made it easier to access money in retirement plans, understanding these new guidelines and other rules for loans and early withdrawals may help you determine if this is an appropriate option during a financial crisis.
In this week’s case study, the “Money Talks,” hosts take a look at how the COVID-19 pandemic has affected 401(k) savings and provide some tips for keeping your 401(k) on track.
How has the first quarter of 2020 affected retirement confidence?
Need to tap your retirement accounts for coronavirus-related reasons? We explain how the IRS is addressing the tax issues.
