What you need to know.  Provided by Marc Aarons at Money Managers, Inc.   When you reach age 70½, the Internal Revenue Service instructs you to start making withdrawals from your traditional IRA(s). These withdrawals are also called Required Minimum Distributions (RMDs). You will make them, annually, from now on.1 If you fail to take […]

If you want a tax break and want to help a nonprofit, this may be a good move. Provided by Marc Aarons at Money Managers, Inc. Have you ever wanted to make a major charitable gift? Would you like a significant federal tax break in acknowledgment of that gift? If so, an IRA charitable rollover […]