by fwsadmin | Jul 31, 2024 | IRA Blog
By Sarah Brenner, JD Director of Retirement Education In newly released final required minimum distribution (RMD) regulations, the IRS is doubling down on its position that annual RMDs are required for some beneficiaries during the SECURE Act’s 10-year payout period....
by fwsadmin | Jul 30, 2024 | IRA Blog
By Andy Ives, CFP®, AIF® IRA Analyst In Part 1 (July 17), I discussed 5-year clock issues when a non-spouse beneficiary inherits a Roth IRA. In Part 2, I will hit on the important concepts and options available when a spouse inherits a Roth IRA. Keep as...
by fwsadmin | Jul 27, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA Financial markets traded mixed last week. News on Sunday that President Biden had decided not to pursue reelection and endorse his Vice President Harris induced a reassessment of the political landscape. However, the overall reaction in the...
by fwsadmin | Jul 25, 2024 | IRA Blog
By Ian Berger, JD IRA Analyst In the July 22, 2024 Slott Report, my colleague Sarah Brenner explained how the IRS, in its final SECURE Act required minimum distribution (RMD) regulations issued on July 18, did not budge on a controversial position it had taken in its...
by fwsadmin | Jul 25, 2024 | IRA Blog
By Sarah Brenner, JD Director of Retirement Education On July 18, 2024, the IRS issued final required minimum distribution (RMD) regulations under the 2020 SECURE Act. The newly issued regulations fine-tune existing rules for trust beneficiaries and aggregation...