RMDs

Major repairs are needed to ensure Social Security’s long-term stability, according to an expert.

Clients with children are advised to start saving early in a 529 plan to take advantage of the “tax-free or tax-deferred growth.”

Buyout amounts are high right now, but there are many other factors to consider when guiding your client to the right choice.

Funding a Roth account, for example, may not offer upfront tax deductions, but withdrawals are tax-free.

Retirees who have no need for the RMD can fund their grandchildren's college costs, a CFP writes.

Those planning to head back to the workforce are advised to set boundaries at their new jobs and continue doing the things they enjoy in retirement.

High-deductible plans open the door to tax breaks for high-income investors, an expert says.

“Building and adhering to a budget that accounts for these types of expenses will create long-term security in retirement,” a CFP says.

Retirees often only take distributions when they are forced to do so because of the IRS’ RMD rules, an expert says.

Advisors may need to alert clients as to when these checks will be taxable.

Clients can use Roth IRAs, 529 plans and — yes — life insurance to give their children a head start.

A lump-sum distribution for net unrealized appreciation on employer stock can slash a tax bill in half, but there’s plenty of fine print.

With accounts now often reaching seven figures, estate planning expert Natalie Choate delved into the complexity of the increasingly important tool.

There are still several moves that clients can make to reduce their 2018 tax bill.

Errors are regrettably common. They are also easily avoidable.

Those who fail to meet the cutoff face a penalty equivalent to 50% of their required minimum distribution.

A higher standard deduction makes itemizing deductions less valuable.

The tax law has made deducting philanthropic contributions more difficult, but there are ways to help clients reap benefits from their generosity.

To qualify for this feature, clients should have reported a minimum amount for at least 11 years.

Those who fail to repay their loans on time may face early withdrawal penalties.