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Scenario 1: Individual makes non-deductible contribution to a TIRA and invests the majority of the money in stocks. Stocks lose...

My friend’s husband is an active employee as a professor. He is turning 70 1/2 by the end of 2014....

An IRA account owner or beneficiary died and there was no named beneficiary for the account. The obvious question comes, "Who inherits the account and how do you calculate the required distribution?" Click to find the answer.

Hi When is a person eligible to make their first catch-up contribution? Is it the year in which they turn...

The holidays are over. New Years has come and gone. Now, of course, it's time to get ready for - cue the Andy Williams' music - "the most wonderful time of the year." Tax time! Here we give 3 tips to help you prepare.

IRA owner husband died 12-18-2013 at age 77 (birthday 6-17-1936). RMD was taken before he died in 2013. Assets are...

Facts: husband – age 90 dies in May – spouse is primary beneficiary – children as contingent beneficiaries of both...

As we begin 2014, many of you who are charitably inclined have asked us about the status of QCDs (qualified charitable distributions). QCDs, known as charitable IRA rollovers, are a way of moving your IRA money tax-free to a charity.

My client has an inherited IRA and failed to take the remaining RMD not taken by her deceased father. Is...

I will be 70 on Jan. 2, 2018, so I will be 70-1/2 in 2018. Suppose I work until Dec....