Understand options for inherited Roth 401(k)s, including rollovers and IRS rules. Tax-free growth strategies for mass ...

2. Penalty-Free for Non-Spouse Beneficiaries: Withdrawals from inherited Roth IRAs, are exempt from the 10% early withdrawal penalty that applies to the original account owner. 1. Integrate With ...

Inherited IRAs pose a number of new challenges, due to the SECURE Act of 2019 and updated IRS guidelines regarding RMDs.

Splitting an IRA among heirs is often the best choice for parents so that there is no dissension or in-fighting among ...

A spousal IRA can be a strategic move for couples looking to enhance their retirement savings, especially when one partner ...

By performing Roth conversions, our clients can reduce the size of their traditional IRAs, enabling them to lower their future RMDs. This can be particularly beneficial for those who anticipate being ...

If you and your spouse have a nice amount of money saved up, then you may decide that you'll each claim Social Security as ...

Non-spouse beneficiaries must withdraw the entire ... Note that if you inherit a Roth IRA, you won’t generally have to pay taxes on your distributions. However, if the original account was ...

Living Local 15 host Jessica Williams is joined by Caleb Doane, Vice President of Foster Financial, as Caleb discusses how ...

If you and your spouse have a nice amount of money saved ... That could be an especially good thing if you have your savings in a Roth IRA or 401(k), since it means enjoying a few more years ...

If you don’t use the funds, you can roll them into a Roth IRA or use them for your own education expenses if you or your spouse decide to go back to school. Combining finances and investments ...