To ensure your charitable contribution, RMD, or Roth conversions are completed by the last market day of the year, we recommend that you initiate those transactions before the close of market hours on Thursday, December 28th, 2023. Please note that Qualified Charitable Distributions (QCDs) from I...
Last opportunity to recharacterize 1998 Roth IRA conversions.Johnson, Linda
reduce your 2023 tax bill. watch for ira income limits. defer income tax on future investment gains. create tax-free retirement income with a roth ira. use your tax refund to fund an ira. make sure your ira contribution applies to the correct year. avoid spending temptations. qualify ...
If you plan to retire within 10 years, you may want to opt for the deductible IRA. Save for health care costs You have until April 15 to set up and fund a health savings account (HSA) for 2023. To qualify, you must have had an HSA-eligible insurance policy in 2023 that started no...
If you truly can’t have your taxes done properly on time, don’t do them. You can get a six-month extension just by filingform 4868, giving you until Oct. 15 to file. If you owe money, however, you need to send the payment in by Tax Day (April 15 most years). ...
Note that the cushion serves as our Emergency Fund, and we have two other places from which we can draw without penalty (my 457 and both of our Roth IRA’s–principal only). 6) Should our retirement accounts be moving away from equities, given our age? I realize there are many...
Recent Developments: New Medicare Taxes, Roth IRA Conversions and Possible Last Chance for Short-Term Grantor Retained Annuity TrustsSharon Trulock
Hintze, John