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TheStreet.com answers reader questions about the timing of contributions to IRAs and health savings accounts.
There are several tax strategies to keep in mind if you bought or sold a home in 2005.
Due to the changing estate and tax laws, leaving an asset to a relative has never been so difficult. Should clients gift low-basis assets or leave them in the estate? Should they bequeath high-basis assets or sell them outright? Here are some strategies—with relevant examples—that can help you and your clients work out a plan that everyone can live with.
It's not uncommon to have clients who have multiple SEP, SIMPLE, or traditional IRA accounts. While in many respects the tax treatment is the same, different penalties, protections, and rules apply. Bone up on how to combine, roll over, and transfer funds between the IRAs, as well as how to handle distributions, taxes, and losses.
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The AI-Powered Financial Advisor
Begins June 18, 2025
Develop Your Medicare Strategy
With Elaine Floyd, CFP® and Sean M. Bailey
July 14–16, 2025