News

Navigating Inherited IRA Rules—What You Need to Know for Tax Planning
Inherited IRAs offer financial opportunities to beneficiaries but you must understand the 10-year rule to optimize your ...
How Much Is the Required Minimum Distribution (RMD) If You Have $1 Million in Your Retirement Account?
If you're 73 or older, you are required to start taking withdrawals from your tax-deferred retirement accounts, such as ...
Government Executive3d
Look before you leap from the TSP
For federal employees weighing whether to leave the TSP, five certified financial planners offer their insights on what to be ...
I Inherited My Husband’s 401(k) With $615k. How Do Handle This Money to Reduce Taxes?
Inheriting a retirement account can be complicated. With a retirement account that you opened, you’re referred to as the ...
With many ‘little cash pots,’ how should Arden, 65, and Trent, 59, set up for retirement in a few years?
Arden wonders how to move an inherited U.S. retirement account to Canada with the fewest tax consequences as they approach ...
AOL3d
How much does a $50,000 annuity pay per month?
You hand over a lump sum to an insurance company, and in return, they send you regular payouts — for life or for a set period. There are two main types of income annuities. Immediate annuities ...
Sarasota Herald-Tribune6d
Florida man wins $25 million jackpot in 500x the Cash scratch-off game from Circle K
Kyle Lindquist, 45, chose the lump-sum payment of $16 million. Lindquist purchased the winning 500X the Cash ticket from a Circle K in Venice. A Sarasota County man took a chance on a $50 scratch ...