If you are retired and age 65 or older, you are likely enrolled in Medicare, the Federal health insurance program that provides hospital (“Part A”), medical (“Part B”), and prescription drug (“Part...
Q&A: Can I reduce or satisfy my Required Minimum Distribution (RMD) by gifting to charity?
Qualified Charitable Distributions involve gifting directly from your IRA and are a popular charitable giving strategy. This is because QCDs do not count as taxable income for the person making the...
Q&A: What are 529 College Savings Plans and their tax advantages?
As college costs continue to rise (the estimated cost per each year of college at a 4-year public university for today’s newborns is over $50,000 per the College Board, College Cost Calculator), it is important to evaluate different opportunities to save for college and invest sooner than later.