You don’t have to be a Jeopardy champion to know how to calculate required minimum distributions for 2022, but it may be equally challenging due to several recent tax rule changes. First, the Secure Act raised the age at which ...

Timing is everything and that goes for qualified charitable distributions as well. That’s why QCD planning should be addressed early in the year to maximize the tax savings on required minimum distributions. QCDs are direct transfers from individual retirement accounts ...

When retirees roll over assets from a 401(k) to an individual retirement account, 75% reduce their equity exposure, according to research from J.P. Morgan Asset Management and the Employee Benefit Research Institute. The research, based on data EBRI collected and ...

All Americans dream of a secure retirement — whether it’s spending time with grandkids, traveling, or just being able to live with dignity after years of working. Regardless of their specific goals, Americans need financial resources to make it all ...

Most people no longer receive tax benefits for their charitable gifts because they take the standard deduction and do not itemize their deductions. The qualified charitable distribution is a tax benefit that allows some owners of individual retirement accounts to ...