IRA Required Minimum Distributions and Charity

You may have heard that, upon reaching 70½ years of age, we are required to begin withdrawing portions of our traditional IRAs on an annual basis. These Required Minimum Distributions (“RMDs”) are distributed regardless of whether the plan owner actually needs the money to supplement other income sources. These RMDs are always reported via tax [...]

2017-03-30T15:08:46-07:00March 30th, 2017|IRA|Comments Off on IRA Required Minimum Distributions and Charity
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Is Inheriting a Roth IRA Always Better?

The conventional wisdom holds that it is always better to inherit a Roth IRA than a traditional IRA. However, the truth is that which one is better depends on the circumstances. It is easy to understand why most people think it is always better to inherit a Roth IRA than a traditional IRA. Distributions from [...]

2016-02-11T10:45:00-07:00February 11th, 2016|IRA|Comments Off on Is Inheriting a Roth IRA Always Better?
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