Tag: IRA

An IRA rollover is usually a tax-smart move, because it allows you to continue to defer taxes on the amount you roll over. But Congress has laid traps for the unwary. Here's how to avoid Read More

Goodbye, 2020. Hello, tax season. Individual taxpayers have until April 15, 2021, to pay Uncle Sam for taxes owed for 2020. (Remember, you can extend the deadline for filing your return until October 15, but Read More

Given today's stock market valuations and historically low-interest rates on fixed-income investments, some IRA owners may be interested in moving some funds from equities and low-risk securities (such as Treasuries and money-market funds) to precious Read More

The coronavirus (COVID-19) pandemic is causing economic hardship for many people and businesses in the United States. On March 27, the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law Read More

The coronavirus (COVID-19) outbreak is causing havoc in the global markets and the U.S. economy. In today's uncertain marketplace, it's important to stay on top of your financial status, including taking measures to protect your Read More

Did you know there's a stiff penalty if you fail to take timely distributions from your IRA? Once you turn age 70½, you must start taking required minimum distributions (RMDs) from your traditional IRAs, including Read More