Trusts are complicated. IRA required minimum distribution rules are complicated too. When you mix the two together by naming a trust as an IRA beneficiary, bad things can happen. Here’s an example…
Wondering why your returns didn’t come close to what the market did last year
In 2014 the S&P 500 returned about 11.4% and yet most investors came nowhere near these returns. Here’s why…
Real Estate inside an IRA goes wrong. Don’t let it happen to you
You’ve probably been told that IRAs are allowed to hold real estate as an investment. But IRA custodians like Schwab, Fidelity and TD Ameritrade aren’t required to let you include real estate in your IRA account. A taxpayer – not one of our clients – learned this lesson the hard way. Here’s what happened.
Your taxes in retirement might be lower than you think
One of the most common mistakes I see people make is overestimating their tax rate in retirement. This is extremely important for a couple of reasons.