Retirement planning
IRS issues notice regarding early retirement withdrawal rules
The IRS has issued Notice 2022-06, providing guidance on whether periodic payments from an individual account under a qualified retirement plan are…
Basics of cryptocurrency
Understanding Cryptocurrency Cryptocurrency is a digital asset that is created and traded online. Computer operators called miners establish new units of the digital currency…
SECURE Act considerations
Under the new SECURE Act, effective January 1, 2020, various IRA and qualified plan rules, long applicable to planning, have changed. First,…
New survey reveals baby boomers are not preparing
The lights have been green for the baby boomers all their lives. They were born just after World War II, between 1946…
Should I let my children know about their inheritance?
Question: I have never been comfortable talking about money with my adult children, but my wife and I are making some changes…
Are the rich frugal?
The frugality of the rich. A lot of millionaires aren’t easy to spot, and are more likely to be found shopping in the…
Update on reverse mortgages
In a recent WSJ.com Real Estate article, Anya Martin provides some current information on reverse mortgages. She notes that reverse mortgages give older…
Variable Annuities a Source of Client Dissatisfaction
A recent Wall Street Journal Wealth Advisor report from Kevin Noblet states that, excluding stocks and mutual funds, the type of investment…
Rule allowing tax-free IRA distributions of up to $100,000 if donated to charity, is retroactively extended through 2013
Rule allowing tax-free IRA distributions of up to $100,000 if donated to charity, is retroactively extended through 2013 Did you happen to…
Should older givers wait to make charitable donations until after the election?
A recent Wall Street Journal article, http://professional.wsj.com/article/SB10000872396390444450004578002112287693002.html?mg=reno-wsj, notes that there is banter in D.C. about reviving the tax rule that allowed taxpayers over…
