With the net unrealized appreciation tax break, company stock can be withdrawn from a 401(k) in a lump-sum distribution and have its appreciation taxed at capital gains rates, rather than as ordinary income.
Here are tactics to use this year given the opportunities for record stock values at the end of 2023.
The big tax benefits come in the way gifts can be used in conjunction with retirement accounts.
The great tax benefits of qualified charitable distributions can be forfeited if the rules aren't followed.
It’s no simple task to determine which clients are subject to required minimum distributions this year, and which aren’t.
The switch can bring big state estate tax benefits, too.
Agency announces needed SECURE 2.0 relief related to catch-up contributions made by higher-income employees.
This decades-old strategy no longer works. It’s time to reduce IRA balances, not increase them.
After the SECURE 2.0 Act's new rules resulted in confusion, the IRS issues notice providing relief on required minimum distributions.
As laws and IRS guidance evolve, it’s crucial for advisors to stay on the leading edge of how inherited IRAs are affected.
