RMDs

Many are unaware that they are responsible for a majority of their medical expenses, aside from premiums and coinsurance costs.

Homeowners have fewer options as state and local deductions have been capped under the new law.

Sometimes the strategy can eliminate a domino effect of other expensive tax problems down the road, Ed Slott writes.

The added savings could be used to pay off student loans as well as increase mortgage payments and retirement plan contributions.

Younger investors may see the market's swing as just another fluctuation in the market, while assuming that time is on their side. Older investors, on the other hand, may be far more stressed.

The rewrite could affect how these firms value potential buyout targets.

The law allows clients the ability to make tax-free withdrawals for elementary and secondary school expenses.

If clients miss an RMD, they will be subject to a penalty equal to half the amount they should have taken, and they'll still owe ordinary income taxes on distributions.

Personal exemptions may be lost but households can expect higher savings from the child tax credit, an advisor says.

Clients ask: "Will I run out of money?" Here’s how planners can confidently tell them "no." Like every approach, however, there are a few drawbacks.