Should you make a “charitable IRA rollover” in 2016?

Should you make a “charitable IRA rollover” in 2016?

Last year, the charitable IRA rollover, a tax break valued by many charitably inclined retirees, was made permanent. If you are age 70½ or older, you can make direct contributions (up to $100,000 annually) from your IRA to qualified charitable organizations without...
Three Mutual Fund Tax Hazards to Avoid

Three Mutual Fund Tax Hazards to Avoid

Investing in mutual funds is an easy way to diversify a portfolio, which is one reason why they are commonly found in retirement plans such as IRAs and 401(k)s. But if you hold such funds in taxable accounts, or are considering such investments, beware of these three...
Stock market volatility can cut tax on a Roth IRA conversion

Stock market volatility can cut tax on a Roth IRA conversion

This year’s stock market volatility can be unnerving, but if you have a traditional IRA, this volatility may provide a valuable opportunity: It can allow you to convert your traditional IRA to a Roth IRA at a lower tax cost. Traditional IRAs Contributions to a...