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 we do discuss with some regularity with clients, particularly when 529 planning is also a consideration. Funding a Roth IRA for minors can be an equally, if not sometimes a more compelling move for those with minor children. However, it’s not […]
Why Inherited IRAs Deserve Your Attention
Many are surprised to discover that the SECURE Act of 2019 accelerated the tax burden for those who would become IRA beneficiaries in 2020 and beyond. It is also upending estate plans for many retirement account owners who plan on leaving these accounts to non-spouse heirs. The Setting Every Community Up for Retirement Enhancement Act […]