Estate Planning
When planning for your financial future, naming beneficiaries for your retirement accounts is an essential step. But does naming a beneficiary mean they automatically inherit your accounts when you pass away? The answer is: it depends. Let’s break it down to ensure...
Estate Planning
Understanding the IRS Decision: Waiving Mandatory Withdrawals from Inherited IRAs In a move that could significantly impact individuals inheriting retirement accounts, the IRS recently announced changes to the rules governing Required Minimum Distributions (RMDs) from...