RETIREMENTGUY

There are some new rules for required minimum distributions (RMDs) from retirement savings accounts (e.g., traditional IRAs and 401(k)...

The beginning of the year is also a good time to check on the new annual contribution limits for retirement and benefit accounts, many of...

One of the biggest advantages of an annuity, tax deferral, can be lost when anyone other than a spouse inherits an annuity. Then, all...

The SECURE Act 2.0 caught a ride on the $1.7 trillion omnibus spending bill that was unveiled on December 19. While the bill presents...

If you'll recall, the original Secure Act was passed at the end of 2019. It raised the Retired Minimum Distributions (RMD) age to 72,...

Here are ten things that you might consider doing before the end of the year to ensure that you are well-prepared for tax season and have...

There soon may be new retirement rules in place that could make it easier for Americans to accumulate retirement savings — and make it...

The primary benefit of investing in these communities under a qualified opportunity zone program is the deferral of capital gains tax...

Here’s the good news: The real estate your about-to-retire client owns has increased in value significantly since they bought it. The...

When you were younger and busy building your nest egg, it’s likely you didn’t give much thought to the impact required minimum...

Most people shouldn't be afraid of federal "death taxes." For 2022, only estates worth $12.06 million or more ($24.12 million or more for...

Asset allocation refers to how a portfolio is allocated to various asset classes that have different historical investment returns and...

In 2022, six more states have joined the ranks of those exempting, or partially exempting, military retirement pay from state income tax...

Retirement plans could see some major changes if proposed new legislation is approved by Congress. “They have so many bills,” says Ed...

Conventional wisdom suggests you should save everything you can in tax-deferred retirement accounts to minimize taxes in the current year...

The 2017 tax reform law raised the federal estate tax exemption considerably. Before that law was enacted, the exemption was $5.49...

Depending on your income in 2021, you may be feeling the pain of paying your taxes. Perhaps, you hurt when you look at your paychecks and...

Later this week, advisors handling retirement portfolios will face new requirements to ensure that the advice they are providing is in...

At one time or another, pretty much everyone approaching retirement or early in retirement thinks about spending their golden years in a...

How can a small business owner pass an interest to heirs without triggering a significant estate tax bill? Despite generous tax breaks,...