When and Why to Rollover your IRA or 401(K) into an Annuity
While saving for retirement, you may have heard of rolling over your IRA or 401(K) into another account or financial product. For example, you can roll your retirement savings into an annuity, an insurance product, a brokerage account, or another retirement plan, amongst others. But should you roll over your retirement savings, and if so, […]
Maximizing Your Generosity Before TCJA Sunsets
As the year draws to a close and the spirit of giving is in the air, it’s a timely reminder for CPAs and financial professionals to revisit estate planning strategies. This period is not just a season of generosity but also a critical juncture for tax planning, especially in the waning days of the Tax-Cut […]
Is Your Estate Ready for the Post-TCJA Era?
You’ve worked hard to build up your accounting practice. Decades of hard work have translated into a sizeable estate, and now it’s time to start considering your legacy with as little possible going to the IRS. Since it is the season of giving, you may want to consider a gifting strategy to begin the process […]
