Why it could make sense for you to tap into your IRA before you turn 70. Here’s a common IRA tax trap you need to know about!
Trusts are complicated. IRA required minimum distribution rules are complicated too. When you mix the two together by naming a trust as an IRA beneficiary, bad things can happen. Here’s an example…
You’ve probably been told that IRAs are allowed to hold real estate as an investment. But IRA custodians like Schwab, Fidelity and TD Ameritrade aren’t required to let you include real estate in your IRA account. A taxpayer – not one of our clients – learned this lesson the hard way. Here’s what happened.
Inherited IRAs are no longer protected from bankruptcy and other creditors according to a recent Supreme Court ruling. Find out how this could affect you!