Roth IRAs have some very important benefits. Assets in a Roth IRA grow tax-free, and any withdrawals are also tax-free. They are not subject to required minimum distributions during your lifetime. They can also be passed down to heirs tax-free.READ MORE
Tax Planning
The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act is the largest economic relief package in U.S. history. Signed into law on March 27th, the CARES Act is a broad, far-reaching bill that attempts to assist individuals, smallREAD MORE
The SECURE Act (Setting Every Community Up for Retirement Enhancement) was passed into law on December 20, 2019. This is a far-reaching bill, with many implications for retirement planning. Here are some of the key provisions of the bill, andREAD MORE
The Tax Cuts and Jobs Act of 2017 eliminated or capped a lot of itemized deductions for most taxpayers. While deductions for charitable gifts were preserved, raising the standard deduction meant that many taxpayers lost the benefit of all butREAD MORE
Haven’t we all dreamed about what we would do if we suddenly received an unexpected windfall of cash? Although receiving a very large amount of money sounds great in theory, the reality isn’t always so fantastic. Whether you’ve been expectingREAD MORE