who pays IRA taxes?

Who Pays the Taxes on the IRA?

IRA Legacy Planning   Let’s look at IRA Legacy Planning. IRAs are tax timebombs, and someone will pay the taxes. Who? You, Your Spouse, or Your Kids? Someone will pay the taxes. Do you and your spouse want to pay the […]

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what is the widow's penalty?

What is the Widow’s Penalty?

Widow’s Penalty: Increased Taxes after Loss of a Spouse What is the widow’s penalty? What happens at the death of the first spouse? After the emotions, there are also tax and financial implications: The Widow’s Penalty.  Also known as the […]

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best tax strategies for retirement

Tax Planning Window in Retirement

Tax Planning Window to Save in Lifetime Taxes What is the optimal time to do tax management for retirement? The tax planning window! Not infrequently, that tax strategy is a yearly series of partial Roth conversions. These pre-pay future taxes, […]

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