RMDs
Why You Should Take Your RMDs Early in the Year
Required Minimum Distributions (RMDs) can be a tricky thing to navigate. This has always been true, but even more so for last year (2020), when some of the rules either changed or were temporarily put on hold. Not understanding these rules, or having the wrong information, can be costly. But did you know that you… View Article
RMD Rules Have Changed – Here’s Why That’s Important- Season 3: Episode 4
So maybe you retired at age 65, and maybe you set yourself up so that you don’t have to think too much about your financial strategy, and then — boom! You hit age 72, and you have to deal with required minimum distributions (RMDs) from your IRAs. The rules for taking required withdrawals have always… View Article
A College Tuition Tax Credit You Probably Didn’t Know About- Season 3: Episode 2
If you’ve ever looked at how much it costs to attend college, you’re likely aware that it doesn’t come cheap. The costs are high, and they seem to go a lot higher every year. When you add up the tuition, fees, housing, along with other miscellaneous costs, even a “low-cost” local university can send you into years… View Article
Why the SECURE Act Is So Important to You with Janean Stripe – Season 2: Episode 5
Between the CARES Act and the SECURE Act, both of which have been enacted, 2020 has turned out (so far) to be a year of change and uncertainty. The SECURE Act was passed in December of 2019, aiming to make retirement saving easier for individuals, increasing access to tax-advantaged accounts, and preventing older Americans from… View Article