• New Law Makes Big Changes to Retirement Plans

• • Clay County
  • Duval County
  • Elder Law
  • Estate Planning
  • Florida
  • IRAs
  • Jacksonville
  • Long-Term Care
  • North Florida
  • Orange Park
  • Required Minimum Distributions
  • St. Augustine
  • St. Johns County
  • Stretch IRAs
  • Taxes
• 5 years ago
• President Trump has signed a spending bill that makes major changes to retirement plans. The new law is designed to provide more incentives to save for retirement, but it may require workers to rethink some of their planning. The Setting Every Community Up for Retirement Enhancement (SECURE) ... [read more]

• A Final Retirement Account Distribution Must Still Be Made After Death

• • Clay County
  • Duval County
  • Elder Law
  • Estate Planning
  • Florida
  • Florida First Coast
  • IRA
  • IRAs
  • Jacksonville
  • North Florida
  • Orange Park
  • Required Minimum Distributions
  • Roth 401(k)
  • Roth IRAs
  • St. Augustine
  • St. Johns
  • St. Johns County
• 5 years ago
• Federal law requires that beginning on April 1 of the year after you reach age 70 1/2, you must begin withdrawing a minimum amount from your non-Roth individual retirement account (IRA) or 401(k) accounts. These withdrawals are called required minimum distributions (RMDs). But what if you die... [read more]

• IRA Distributions to SNTs: Minimizing Income Taxes

• • Children with Special Needs
  • Clay County
  • Duval County
  • Elder Law
  • Estate Planning
  • Florida
  • Florida First Coast
  • Green Cove Springs
  • Individual Retirement Accounts
  • IRA
  • IRA Gifting to Children
  • IRAs
  • IRS
  • Jacksonville
  • Life Care Planning
  • North Florida
  • Planning
  • Providing for a Child with Special Needs
  • Required Minimum Distributions
  • Seniors
  • Social Security Administration
  • Special Needs Planning
  • Special Needs Trust
  • St. Augustine
  • St. Johns County
  • Taxes
• 6 years ago
• For many parents, the majority of their savings is held in some kind of a retirement account, often an Individual Retirement Account (IRA). At age 70 1/2, an IRA account holder faces the Required Beginning Date, when he or she must take mandatory distributions from the IRA. These payments are determ... [read more]