LAST UPDATED: 03/09/2025 What are the Roth 5-Year Rules? In order to harness the full potential of a Roth account you’ll want to have a good grasp of the “5 year-rules” so you can plan…
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How Do Capital Gains Taxes Work?
UPDATED 02/24/2025 Use the Table of Contents to navigate to relevant topics How Do Capital Gains Taxes Work? In addition to state and federal taxes on income, there may also be taxes…
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What Happens If You Inherit an IRA From Your Spouse?
Last updated 2/20/2025 When you inherit an IRA from your spouse, meaning you are specifically named as a beneficiary (not a trust that you are the beneficiary of), you’ll be faced with a set of…
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How to Adjust Your Tax Withholding
Are you tired of the annual routine of overpaying taxes and waiting for a refund? Or perhaps you’re looking for ways to better manage your cash flow when it comes to tax payments. Adjusting your…
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Financial Considerations for Snowbirding in Retirement
In this blog post, we will explore the financial considerations involved in “snowbirding” during retirement. Snowbirding, which involves splitting time between two homes in different locations, offers retirees the opportunity to enjoy the best…
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Guide: Inheriting an IRA from a Parent
Inheriting substantial assets from a parent is becoming quite common, especially if you are a part of the Baby Boomer generation. This is largely due to the tremendous savings habits of the generations that…
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