March 8, 2022—For those interested in tax-smart ways to pay for college, both 529 plans and Roth IRAs may be worth considering. But how do you decide which savings plan would be most beneficial for your family? The answer depends largely on your goals.
July 27, 2021—The SECURE Act, which went into effect in 2020, severely curtailed the “stretch IRA” as an estate planning strategy. Previously, a beneficiary could extend IRA distributions over his or her lifetime. Now, an heir must withdraw all assets within 10 years of inheriting the account, which can present major tax consequences.