As we embark on a new year, it’s time to take a fresh look at your financial strategies, particularly when it comes to your retirement accounts and charitable giving. You can leverage your Required ...

The tax code offers meaningful incentives for charitable giving, but many donors don’t fully benefit from them. Without a deliberate strategy, charitable contributions often provide little to no tax ...

Once again, the end of the year is upon us—and many clients may be searching for required minimum distribution (RMD) strategies that can help them avoid a tax hit for 2024. The qualified charitable ...

In the current economic uncertainty, retirees are likely looking for help, counsel and information. Yet one of the things they might not know they need to think about is their required minimum ...

Many high-net-worth individuals have assets in IRAs that they don’t need to provide for their living expenses. For philanthropic clients, IRAs can be a great source to fund charitable giving and offer ...

If you're retired and planning a year-end donation to charity, there's a key move to maximize your tax break, financial experts say. The strategy "almost always has the highest tax advantage," ...

Take your required minimum distribution by the due date to avoid a 25% penalty. Make use of IRS tables to ensure that you're withdrawing the correct amount. Think twice before delaying withdrawals, ...

April 1 isn’t just April Fool’s Day. It’s also the latest date to take your first RMD from tax-deferred retirement accounts like IRAs and 401(k)s if you turned 73 last year. Missing this deadline can ...

If you've been tucking money away into a traditional IRA, SEP IRA, SIMPLE IRA, or employer-sponsored plan like a 401(k), you'll eventually have to take required minimum distributions (RMDs) and pay ...