by Kenny | May 29, 2019 | IRA BLOG
By Sarah Brenner, JD IRA Analyst The IRS has announced the 2020 inflation-adjusted limits for Health Savings Accounts (HSAs). How an HSA Works An HSA is a tax-free account that is used to pay for qualified medical expenses that aren’t covered by insurance. It is... by Kenny | May 28, 2019 | IRA BLOG
By Andy Ives, CFP®, AIF® IRA Analyst Employer-sponsored retirement plans, like 401(k) and 403(b) plans, have some definitive benefits vs. IRA accounts. For example, company plans provide an unlimited amount of protection from bankruptcy, while IRA contributions and... by Kenny | May 23, 2019 | IRA BLOG
By Sarah Brenner, JD IRA Analyst Question: I have a question about avoiding RMDs for a still-working 73 year-old in a 401k plan. I realize most people my age are looking forward to retirement, but I love what I do and am delighted to continue to be able to work. I am... by Kenny | May 22, 2019 | IRA BLOG
By Andy Ives, CFP®, AIF® IRA Analyst After a recent Ed Slott conference in Dallas, Texas, I found myself sitting in a hotel café, surrounded by travel bags, having pizza with a few meeting attendees with later flights. “Anyone want to share an Uber to the airport?”... by Kenny | May 16, 2019 | IRA BLOG
By Sarah Brenner, JD IRA Analyst If you are planning on doing a 60-day rollover with your IRA funds, be sure you understand same-property rule. This is one of the lesser known rules that apply to rollovers and is one many taxpayers find confusing. For IRA-to-IRA or... by Kenny | May 16, 2019 | IRA BLOG
By Andy Ives, CFP®, AIF® IRA Analyst Question: I recently inherited a traditional IRA from my mother. I mistakenly asked for a lump sum to be paid to me by the custodian. I realized after the fact that I wanted to set up a stretch IRA. I haven’t cashed the check yet....