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The number of accounts with balances of at least $1 million grew 84% year over year, while the number of seven-figure IRAs jumped more than 64%.
August 19 -
Advisors share a tax trick that allows professionals to build seven-figure retirement plans.
August 17 -
Using RMDs to pay the taxes due on a rollover can ease the psychological pain of forking over money to the IRS.
August 3 -
Two companies are teaming up to allow clients to buy mining machines through an IRA.
July 29 -
New reports indicate 497 high-income taxpayers had over $150 million in their individual retirement accounts, and nearly 25,000 taxpayers had aggregate IRA account balances of $5 million or more.
July 28 -
A new TIGTA report warns, however, that many didn’t follow the rules and could face potential tax penalties.
July 22 -
Pulling the costs directly out of clients’ IRAs can blunt the sting, but it shrinks the pot of tax-deferred retirement assets.
May 18 -
Heirs of IRAs and 401(k)s won't need to take annual distributions before cashing out within a decade of receiving the plans, the agency says.
May 4 -
Your clients may have heard conflicting advice — they must change their IRA beneficiaries, spend down their IRA as soon as possible, dismantle their trust, or immediately convert their traditional IRA to a Roth IRA, Sophia Duffy writes.
February 8American College of Financial Services -
What Congress, clients and others did this year, and how it will impact next year.
December 15