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

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

Jul 27, 2016 | Tax Tips

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

Jul 6, 2016 | Uncategorized

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

Jun 1, 2016 | Tax Tips

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...

Make a 2015 contribution to an IRA before time runs out

Mar 8, 2016 | Uncategorized

Tax-advantaged retirement plans allow your money to grow tax-deferred—or, in the case of Roth accounts, tax-free. But annual contributions are limited by tax law, and any unused limit can’t be carried forward to make larger contributions in future years. So it’s a...