The so-called IRD deduction could soften the impact of estate taxes on inherited retirement assets. Here’s how it works.
Entries filed under 'Retirement'
The Treasury Department introduced a new no-fee, low-risk retirement program for workers who don’t have employer-sponsored savings plans.
The absence of inflation in the economy precludes the IRS from raising income eligibility and contribution limits on retirement savings plans.
Make sure you are clear about what you’re leaving to whom and that your beneficiaries understand their inheritance options.