Finance IRS Releases Final RMD Regulations On July 18, 2024, more than two years after releasing proposed required minimum distribution (RMD) regulations, the IRS has finally published final regulations on RMDs and beneficiary options.
Self Directed IRAs Summertime: A Fine Time to Consider Your Self-Directed IRA As we slip into summer, our thoughts may turn more to longer days and vacations rather than to our self-directed IRAs (SDIRAs).
Finance Navigating an Inherited IRA Holding Real Estate: A Beneficiary's Guide Inheriting an IRA holding real estate involves navigating tax implications, distribution options, and property assessment. Learn more about managing your inherited asset.
Finance Special IRS Forms You May Need For Tax Time Navigating IRA distributions and reporting is crucial during tax season. Learn how to ensure accuracy and streamline your filing process this year.
Finance 2024 Cost-of-Living Adjustments Govern Retirement Plan Contributions Last year’s inflation rates caused much higher than usual cost-of-living adjustments (COLAs) for retirement plans. Learn how to plan for your 2024 savings.
Self Directed IRAs Avoiding “Prohibited Transactions” With Your SDIRA A self-directed IRA offers investors more flexibility and control in investments compared to traditional IRAs, but you be aware of the IRS rules regarding prohibited transactions before making the investment.
Finance Different Types of Loans Investors Should Know Real estate investing can be an effective strategy to build retirement wealth. Learn the key differences between different types of loans before you begin investing.
Finance What is Unrelated Business Taxable Income (UBTI)? Identifying and calculating UBTI/UDFI is complex. You may want to seek the assistance of a tax advisor if you are investing in an alternative investment that might generate UBTI or UDFI.
Finance Can You Have Both an IRA and a 401(k) Plan? While you can have both an IRA and a 401(k) plan, saving in multiple accounts may affect the tax benefits available to you. Learn the pros and cons to make educated decisions.