by Kristine McKinley | Nov 26, 2009 | Retirement, Taxes
People who received unwanted RMDs in 2009 have just a few days left to roll those RMDs back into their IRAs, thus eliminating the tax bill from the original distribution. RMDs Suspended The Worker, Retiree, and Employer Recovery Act of 2008 (WRERA) suspended required...
by Kristine McKinley | Dec 12, 2008 | Featured Post, Taxes
I know many people were hoping this would pass for 2008 rather than 2009, but I guess late is better than not at all. Congress approved legislation this week that will provide some relief to Americans over 70 1/2 who have suffered significant losses in their IRA...
by Kristine McKinley | Dec 1, 2008 | Taxes
Update: The Tax Relief Act of 2010 extends the ability to donate your RMD to charity for both 2010 and 2011. For more information, please read “Yes You CAN Donate Your 2010 RMD to Charity”. The Pension Protection Act of 2006 allows IRA owners age 70 1/2...
