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Just read Jerry Blakely’s article on QLACs. Do these need to be set up by the taxpayer before their RMDs...

We have named a trust for one of our children as the contingent beneficiary of our various IRA’s and Roth’s....

Did you make a Roth IRA contribution for 2023? If you have not, you still have some time. The deadline for making a prior year contribution is the tax-filing deadline, not including any extensions you might have. For 2023, that deadline is April 15, 2024.

In January 2023, a 2022 contribution in the amount of $6,000 was made to an IRA. In February 2023, a...

The mailman delivered my son’s 2023 W-2 the other day. I was curious what he earned last year as a lifeguard at our community pool, so I opened the envelope.

I am semi-retired and my wife is retired. Based on my independent contractor earnings I can put 7.5 k in...

– Under the new Secure Act rules, does a person have to take an RMD when they turn 73 while...

The Qualified charitable distribution is only available: 1. To people who are taking their RMD’s already, prior to the new...

Hi, Can you help me with some questions: 1) Can you confirm the difference for an IRA beneficiary if within...

Taxpayer was trying to do a trustee to trustee rollover from one IRA account to another IRA account. He accidentally...