Missives

Take-Away: Individuals often confuse the distribution rules that are associated with IRAs with distributions from qualified plan accounts. Part of that confusion stems from the Department of Treasury’s vague definitions that can often lead to unexpected ‘gotcha’ income taxes and penalties. Background: A special rule with regard to IRAs is the ability to take a […]

Estate taxes can be reduced with an IRC 2032 election. Yet there are many other factors to consider before a knee-jerk 2032 election is made.