Why Inherited IRAs Deserve Your Attention
Many people don’t realize how much the landscape shifted with the SECURE Act of 2019 — and more recently, with follow-on regulatory guidance — for those who inherit IRAs. The changes have major consequences for estate planning, tax strategy, and how beneficiaries should approach distributions. The SECURE Act’s Blow to the “Stretch IRA” Before 2020, […]
Opening a Roth IRA for Your Minor Child: What You Need To Know
It may seem premature to think about retirement for kids, though it’s a topic MPPL Financial does discuss with some regularity with clients, particularly when 529 planning is also a consideration. Ben Laska, a CFP® professional and MPPL Financial Advisor in our Wausau, WI office shares: “Funding a Roth IRA for minors can be an […]