IRA

An element of the new tax law that went into effect the beginning of 2018 is the increase of standard deductions for both single and joint filers.  Although this can be positive for taxpayers, this may also greatly reduce the itemized dedu

Many people saving for retirement end up with a variety of savings or investment accounts:  regular personal (non-retirement) accounts; employer pre-tax retirement accounts [such as 401(k)s]; employer post-tax retirement accounts [such as a Roth 401(k)

If you are age 70 ½ or older you are probably familiar with the requirement that you must begin withdrawing money from your retirement plans.  The “required minimum distribution, or “RMD” is determined each year