Do High-Net-Worth Investors Face A Greater Risk Of Investment Fraud?
Some high-net-worth investors could be a target for investment fraud due to a lack of knowledge about complex financial concepts.
What Should Someone Look For When Setting Up A ‘Family Office’?
A family office can handle all things financial for the ultra-wealthy and their families – from investment management to bill paying, tax planning and funding charitable causes.
Don’t Normally File A Tax Return? You May Be Due A Credit (A ‘Refund’) Nonetheless
Those who don’t normally need to file a tax return could benefit from doing so, since they could receive a refund if they are eligible for a tax credit.
Don’t Lose Your 2018 Tax Refund Forever: 1.5 Billion Reasons To Act Now
An estimated 1.5 million taxpayers are owed unclaimed tax refunds totaling almost $1.5 billion for the 2018 tax year, according to the IRS.
When Do I Start Taking 401(k) RMDs If I’m Over 72 And Still Working?
When working past age 72, the date of your retirement can make a big difference when it comes to taking RMDs from your current employer's 401(k) plan.
Born In Second Half Of 1949? Act By April 1 To Avoid RMD Penalty
If you turned 72 during the second half of 2021, but did not take your first RMD last year, you will need to do so by April 1 or face a 50% excise tax.
When Is A QCD Not A QCD (Non-Taxable Distribution)? Watch Out If You Make Deductible IRA Contributions
In the recently released official IRS Pub. 590-B for the 2021 tax season, there are more details on how to calculate the effect of deductible IRA contributions on QCDs.
Inherit An IRA? Are You Affected By New 2022 RMD Tables?
2022 may bring a transition for those who have been taking life expectancy distributions from inherited IRAs.