Accumulation Trust to Replace Stretch IRA
The accumulation trust allows IRA holders to keep the stretch IRA concept intact, but they won’t receive the tax advantages.
You May not Need to Take an RMD in 2020
Age 70 1/2? You may not need to take an RMD in 2020. In fact, your new required beginning RMD date could be be April 1, 2021, depending on your age.
New RMD Age for Self-Directed IRA May Boost Demand in 2020
The new RMD age for Self-Directed IRA in 2020 is now 72, a slight increase from 70 1/2. This may lead more investors to establish the Self-Directed IRA.
SECURE Act – What it Means for IRAs
The SECURE Act – Setting Every Community Up for Retirement Enhancement, is a major piece of retirement plan legislation. It was passed by the House of Representatives on May 23, 2019. It is expected to pass through the Senate later this year and then signed into law by President Trump. There are a lot of […]
Roth IRA Conversion – When and Why to Do It
A Roth IRA conversion is wise if you are young and want tax-free growth or you’re concerned about future tax rates. Learn more at IRA Financial Trust.
