Tax Law Changes Make Qualified Charitable Donations from IRAs More Appealing

Americans are still reeling from the recent passage of the Tax Cuts and Jobs Act at the end of 2017, which brought a slew of new tax code changes that were implemented at the start of this year. One of these changes is nearly doubling the standard deduction – which means that the total number… [Continue]

Options When Inheriting an IRA From a Spouse

When a spouse inherits an IRA, and they’re under age 70 1/2, they have several options in front of them (depending on their unique financial situation – every person is different, and these examples are generalized): Treat the IRA as their own. Transfer the assets to an Inherited IRA. Transfer the assets to an Inherited… [Continue]