To best meet the needs of a divorcing client a blend of these two ideologies is needed. To meet this need a new professional designation was created – the Certified Divorce Financial Analyst®. The role of the CDFA® is to help both client and lawyer understand how the financial decision...
you should complete a beneficiary designation form. This form names the person or people who will receive your IRA and in what proportions. You can amend the form at any time, but whoever is on the form upon your death will receive the funds—even if they are an ex-spouse...
Traditional and Roth IRAs have a fixed annual contribution limit. This is not the case with a SEP IRA. The maximum you can contribute to a SEP IRA is based on your income. You can contribute up to 25% of your net business income, up to a maximum of $69,000 for 2025. “A SEP IR...