Wealth Management Articles

If the value of your portfolio is down, you may want to turn the stock market downturn into a tax-saving opportunity. How? By converting a traditional IRA into a Roth IRA.

Here are the things to know if you’ve considered converting your existing IRA to a Roth IRA.

With many of the provisions of the SECURE Act now in effect, do you know how they might affect your business?

With provisions already in effect as a result of the SECURE Act, don’t wait to review your plans and make adjustments to protect your retirement savings.

Parts of the new SECURE Act might provide you with tax-saving opportunities related to your IRA or retirement plan.

Have you been contributing enough in 2019 to your employer’s 401(k) plan or Roth 401(k)? Here are the contribution limits for this year and the newly announced limit for 2020.

Prudently planning how to take money out of your traditional IRA can mean more money for you and your heirs. Here are three areas to understand in order to maximize your retirement savings.

Are you still working after age 70½ and don’t want to take required minimum distributions from your 401(k) account? You might not have to.

With the TCJA nearly doubling the standard deduction, making a direct charitable IRA rollover can be particularly powerful for taxpayers old enough to be eligible.

Changes to the tax law have helped produce bigger paychecks for some taxpayers, but they also could lead to less withholding and a bigger tax bill next year.

The U.S. Appeals Court for the 5th Circuit has issued its long-awaited and much-anticipated order that vacates the Labor Department’s fiduciary rule.

The recent dramatic up-and-down value of bitcoin has created new interest in cryptocurrency — and that’s also led to plenty of questions about owning, trading, and investing in it.

On Sept. 28, the Internal Revenue Service (IRS) is shutting down the Offshore Voluntary Disclosure Program (OVDP) that helps taxpayers with international asset compliance issues.

Taxpayers who turned age 70½ during 2017 (in most cases) must start receiving required minimum distributions (RMDs) from individual retirement accounts (IRAs) and workplace retirement plans by Sunday, April 1, 2018. A 50 percent tax normally applies to any required amounts not received by the April 1 deadline.

One much-debated item that’s noticeably absent from the Tax Cuts and Jobs Act of 2017 (TCJA), though, is the repeal of the federal gift and estate tax, as originally included in the House of Representative’s version of the bill.

The tax consequences of the sale of an investment, as well as your net return, can be affected by a variety of factors.

Although a three-month extension delayed the applicability date (originally April 10), certain provisions of the Department of Labor’s fiduciary rule will be implemented on June 9, 2017.