Roth IRAs

One strategy for clients to continue their philanthropic work and reduce their bill is to bunch multiple years of donations into one with a donor-advised fund.

Clients can bring their effective tax rate below 3% in retirement by using a combination of three strategies.

82% of beneficiaries who qualified for survivor benefits and their own benefits were not informed that they could opt for a restricted application and boost their benefit.

The right strategy can put them “in the 0% tax bracket,” an expert writes.

The number of accounts with $1 million or more increased to 150,000 in the fourth quarter of 2017 from 93,000 recorded in the same quarter the year before.

Investors are advised to liquidate some assets or transfer them to certificates of deposit and money market funds.

While the funds are ideal for certain people, they don't address important retirement considerations, such as the cost of funding a comfortable living and a person’s savings rate.

The new law will affect how financial advisors and clients evaluate the pros and cons.

If estate planning documents don't use the right language, it can sometimes lead to costly and time-consuming alternatives.

Tax-free withdrawals could outweigh an employer's match if early withdrawals are made for expenses like health care.

Clients may want to opt for a fund that follows small companies as they will benefit from a lower corporate tax rate under the new tax law.

In a year where the market has reached new heights, protecting client’s wealth from losses, including the costs of taxes, is just as important as generating returns.

Clients will no longer be able to undo Roth conversions once the new tax law takes effect next year.

Be aware of changes to retirement savings plans and alimony. Here’s what clients and advisors need to know.

The right strategy can help minimize their future estate taxes.

With the right steps, clients can reduce their tax liability, as well as new sources of retirement income with different tax treatments,

Many deductions are likely to disappear if Congress passes the reform bill into law.

Retirees should ensure that they take their first required minimum distribution from their tax-deferred retirement account in the year they reach 70 1/2 or face a 50% penalty.

The proposal aims to simplify tax subsidies by increasing qualified withdrawals from 529s in exchange for scrapping the Coverdell account.

The tax plan would make itemized deductions less valuable so some seniors would lose a deduction that covers payments for nursing homes, assisted living or inpatient hospital care.