Required minimum distributions are mandated (as the name implies) and taxed as ordinary income based on your current tax rate — the higher your income...
Using Retirement Funds for Your Kids’ Education
Using Retirement Funds for Your Kids’ Education Parents, read this carefully. According to a survey of 4,500 couples by Allianz, 39% of respondents stated that...
Intro to Business Deductions
Intro to Business Deductions To be deductible, a business expense must be both ordinary — common and accepted in your industry — and necessary, helpful...
How To Choose Beneficiaries
How To Choose Beneficiaries Beneficiaries are an important part of your estate plan — people or organizations you name will ultimately benefit from your estate....
Assets in Irrevocable Trusts and Stepped-Up Basis
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Why You Need a Will
Why You Need a Will No one wants to think about death or dying, yet it is inevitable. Ignoring that fact causes many of us...
What Are the Tax Rules Around Day Care
What Are the Tax Rules Around Day Care You may be in for a tax break if you’ve been shelling out the bucks for day...
Don’t Mess Up Medicare
Don’t Mess Up Medicare After enjoying your birthday cake, be wary of booby traps that could lead you into paying unexpectedly high health care premiums...
Happy Relationships Make Happy Retirements
Happy Relationships Make Happy Retirements According to a landmark Harvard study, solid relationships comprise certain fundamental traits. Ask yourself these questions: Whom would you call...
Marriage and Credit Scores: The Full Story
Marriage and Credit Scores: The Full Story Let’s start with a little background: When you apply for new loans or credit cards, lenders and credit...
