What Happens if I Take a Bigger RMD?
“Sometimes only taking the minimum IRA distribution can be a costly mistake. When deciding how much to withdraw this year, you need to consider the …
“Sometimes only taking the minimum IRA distribution can be a costly mistake. When deciding how much to withdraw this year, you need to consider the …
The Importance of Naming Beneficiaries for Your AccountsRetirement Accounts and Beneficiary Designations“If you’ve had an IRA and a 401(k) for many years, you may occasionally …
Call Benjamin Long at (913) 359-8996 “Windfalls can result from fortunate events, like lottery winning, and unfortunate events, like a legal settlement. Whatever the triggering …
Navigating the Complex World of Inherited IRAs “One wrong decision can lead to expensive consequences, and good luck trying to persuade the IRS to give …
Navigating the Complexities of Retiree Taxes “Medicare has a series of income limits that trigger increasingly higher payments for retirees. And it’s not just the …
The Importance of Adding Beneficiaries to Investment Accounts “Losing a loved one isn’t just an emotional burden—it also carries an administrative load. There are flower …
The Dangers of Unsupervised Financial Control “Take, for example, the sad and sordid tax case of Mary Ellen Cranmer Nice vs. United States of America, …
Changes to IRAs under the SECURE Act “There have been several law changes that affect IRAs passed since December 2019.” The SECURE Act made a …
Understanding Inherited IRA Rules and Regulations “When a loved one dies, any leftover IRA funds they had, goes to whomever they labeled as beneficiaries. If …
Protecting Yourself from Elder Financial Fraud “The official figure for elder financial fraud used by a congressional committee is around $3 billion a year, but …