by fwsadmin | Aug 5, 2024 | IRA Blog
By Ian Berger, JD IRA Analyst One of the positive outcomes of the new IRS final SECURE Act regulations on required minimum distributions (RMDs), released on July 18, is that more beneficiaries will be able to stretch RMDs over their lifetime. Under the 2020 SECURE...
by fwsadmin | Aug 1, 2024 | IRA Blog
QUESTION: I inherited both a traditional and a Roth IRA from my significant other (non-spouse) who passed away in 2021. He had started taking required minimum distributions (RMDs). I am less than 10 years younger than he was. Question is: do I or do I not have...
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...