Answering reader questions on IRA required minimum distributions and Social Security spousal benefits.

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Topics:  ira   social security   required   
BING NEWS:
  • Can I contribute to my IRA after retirement?
    Here’s what you should know about contributing to an IRA after you’re retired. In addition, if you are retired and your spouse has earned income, he or she can contribute to their own IRA and also ...
    06/6/2024 - 2:13 am | View Link
  • Ask Bob: How to Manage IRA RMDs to Minimize IRMAA Surcharges
    Robert Klein, CPA sits down with Robert Powell to discuss the pitfalls you should avoid when planning for IRMAA. Can you take your RMD from only one IRA firm per year? Can you perform a Roth ...
    06/4/2024 - 12:00 pm | View Link
  • Inherited IRA rules: 7 things all beneficiaries must know
    If you don’t know about that or forget to do it ... then there is no year-of-death required distribution. 4. Take the tax break coming to you An inherited IRA may be taxable, depending on the type. If ...
    05/29/2024 - 8:02 am | View Link
  • IRS Eliminates 2024 RMDs for IRA Beneficiaries Subject to 10-Year Rule
    The IRS eliminated 2024 RMDs for IRA beneficiaries subject to the 10-year distribution rule enacted by the SECURE Act of 2019—and suggested that a final ruling on this matter will be released in 2024.
    05/27/2024 - 9:08 am | View Link
  • 10 Years to Retirement? Invest in a Roth IRA Now
    The main benefits of a Roth IRA are tax-free withdrawals and the lack of taxes on interest, dividends or capital gains from investments in the account. “Additionally, Roth IRAs have no required ...
    05/19/2024 - 1:00 pm | View Link
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