Savers Credit Reduces the Cost Funding Retirement Accounts
Your contributions to your retirement account may cost you less than you think. Individuals whose adjusted gross incomes (AGI) are below certain amounts are eligible
Retirement Planning
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Naming Your IRA or 401k Beneficiary In Your Will May Not Work
By Denise Appleby, CISP, CRC, CRPS, CRSP, APA If you named your Will as the beneficiary of your IRA, 401(k), 403(b) or other retirement account,
Use Your Hobby to Supplement Your Retirement Savings
By Denise Appleby ( www.DeniseAppleby.com) Do your friends and family express delight when they taste the results of what you ‘cook-up’ in the kitchen? How
Identity Thieves Target Medical Records- Protect Your Social Security Number
It appears that identity thieves are now targeting medical and dental records. Ask yourself, does your medical and /or dental professional really need your social
Roth IRA Distributions- Determining Tax and Penalty
Earnings in Roth IRAs accumulate on a tax-deferred basis, but eventually become tax-free if distributions are qualified. The determination of whether a Roth IRA distribution
How spouse beneficiaries elect to treat inherited IRA assets as their ‘own’.
The treat-as-own option , which applies only to a spouse who is the sole primary beneficiary, allows for the transfer of the inherited IRA balance to the
You Can Use Your IRA to Pay Estimated Taxes
If You Missed Estimated Tax Payment Deadlines, You can Use Withholding Tax From Your IRA to Avoid Penalties Withholding from your IRA distribution or distribution from
IRS Announces Plan Limits for 2011
by Denise Appleby CISP, CRC, CRPS, CRSP, APA The IRS issued IR-2010-108 , in which they provide retirement plan limits for 2011. Many of the limits
Four Tax Forms for Your IRA and Other Retirement Accounts
by Denise Appleby CISP, CRC, CRPS, CRSP, APA When you file your tax return this year, you may need to include information from certain tax
Retirement Planning
Reporting and Paying The Income Tax on a 2010 Roth Conversion
by Denise Appleby Generally, the income tax that is due on a Roth conversion must be paid by the tax filing due date for the
