Have you ever wished you could simply wipe away your retirement tax burden while supporting the causes you care about? It sounds too good to be true, right? Yet there's a perfectly legal strategy ...

Generally, a distribution from an IRA is treated as income for the year the amount leaves the IRA. However, an uncashed check could cause different results, depending on who writes the check. If it is ...

In response to a call from a financial advisor in Pennsylvania, the ERISA consultants at the Retirement Learning Center (RLC) address what the tax benefits are for a qualified charitable distribution ...

If you’re saving for retirement or just trying to make the most of your retirement accounts, you might be wondering: Do Roth IRAs have RMDs? It’s a great question — and the answer is a big reason why ...

Editor’s Note: The SECURE Act 2.0 made significant changes to the rules governing qualified charitable distributions for tax years beginning in 2023 and thereafter. See Q for details. For tax years ...

An audit of Susan’s IRA activity revealed that she paid income tax on $50,000 that qualified to be tax-free. Susan mistakenly believed that her IRA custodian would inform her how much of her ...

Uncover 10 common myths about traditional IRAs to avoid costly mistakes and maximize your retirement savings effectively.