Millennial Parents: Top Retirement Savers

Top Retirement Savers

Millennial Parents: Top Retirement Savers

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Millennial parents are making sacrifices in order to contribute to their retirement nest egg, working towards becoming top retirement savers.   According to a new NerdWallet survey, which was conducted online by Harris Poll on behalf of NerdWallet, Millennial parents are saving more than other generations. The...

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Understanding Inherited IRAs

Understanding Inherited IRAs

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What beneficiaries need to know and consider.   At first glance, the rules surrounding inherited IRAs are complex. Here are some questions (and potential answers) to consider if you have inherited one or may in the future.   Who was the original IRA owner? If the original owner...

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Retirement Plan Trusts

Retirement Plan Trusts

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These tools can shield inherited IRA assets from lawyers and creditors.   Inherited IRA assets are vulnerable in bankruptcy proceedings. Many older IRA owners and their beneficiaries do not realize this, but it is true.   In Clark, et ux v. Rameker (2014), the Supreme Court ruled 9-0 that...

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