An IRA could be useful to restrict certain inherent rights that are required within qualified retirement plans covered by ERISA. The post Using An IRA Rollover to Eliminate Federal Spousal Rights appeared first on Getting Your Financial Ducks In A Ro...
Further explanation of the tenets behind the Social Security Spousal Benefit provision for clarification and better understanding. The post The Social Security Spousal Benefit – Further Explanation appeared first on Getting Your Financial Ducks In A...
Introducing the age 55 exception for a withdrawal from a 401(k) plan. Penalty free, with some restrictions applied. The post The Post-55 Exception to the 10% Penalty for Withdrawals from 401(k) appeared first on Getting Your Financial Ducks In A Row....
Things to consider with an inherited 401(k) plan - such as, you can convert the plan to a Roth IRA, enjoying tax-free withdrawals afterward. The post Converting an Inherited 401(k) to Roth appeared first on Getting Your Financial Ducks In A Row. Re...
You have a decision to make when it comes to taking RMDs from your IRAs. You're allowed to take them all from one, or one from all. The post Which Account to Take your RMDs From appeared first on Getting Your Financial Ducks In A Row. Related posts...
Should you rollover that old retirement plan? In many cases, it makes a lot of sense. But not in all cases, of course. The post Arguments in Favor of a Rollover appeared first on Getting Your Financial Ducks In A Row. Related posts: A Cash Flow Dil...
An IRA distribution can be used to reduce or eliminate those pesky quarterly estimated tax payments. See how. The post Using an IRA Distribution and Withholding to Reduce Estimated Tax Payments appeared first on Getting Your Financial Ducks In A Row....
Is there a way to use the prohibited transaction rules for IRAs in your favor? Hypothetically, there seems to be. The post Using the Prohibited Transaction Rules to Your Advantage appeared first on Getting Your Financial Ducks In A Row. Related pos...
Do you know what due diligence is for claiming credits on your income tax return? If you use a preparer, you can bet he or she does. The post Earned Income Credit and Due Diligence appeared first on Getting Your Financial Ducks In A Row. Related po...
What should you expect when you owe money to the IRS? There are many options you can use to pay the tax - and it must be paid. The post What to Expect If You Owe Money to the IRS appeared first on Getting Your Financial Ducks In A Row. Related post...