The CPA’s role in advising clients about the value of life insurance assets
Life insurance can be a surprisingly valuable hidden asset for clients who are retired.
Retirement Planning
Managing tax brackets in retirement
A tax adviser can help a client smooth out the high-income-tax peaks and the corresponding lower-tax-bracket years with an effective bracket-management strategy.
Advantages of a one-person 401(k) plan
These plans can allow a large amount to be contributed on behalf of the owner while maintaining flexibility in making contributions in future years.
Federal retirement savings plan ended
Due to “extremely low” demand and high costs, the Treasury Department announced that it is ending the myRA retirement savings program.
Dispelling uncertainty: Scenario analysis for client security
A range of economic, political, personal, and other uncertainties can lead to clients having deep-seated fears about doing any one thing.
Deciding Whether to Roll Over to a Roth IRA
Deciding whether it makes sense to trigger the resulting tax liability depends on several factors.
The Ins and Outs of Owning a Losing Investment in an IRA
Here is a way to turn a lemon into lemonade (with a little help from the stock market).
Helping Your Clients Execute a Tax-Aware Investment Plan
Without a tax professional’s input, much of the benefit of tax-aware best practices is unlikely to be achieved.
Social Security: The Hidden Changes in the Two-Year Budget Bill
Baby Boomers born from 1954 to 1964, and all subsequent generations, will be unable to use some planning strategies that have benefited older generations.
Roth IRA Planning
The opportunity to get more assets into Roth vehicles via various means has evolved over the last several years.
2015 Arthur J. Dixon Memorial Award
Lisa C. Germano received the highest award given by the accounting profession in the area of taxation.
Planning for Cash Flows in Retirement
CPA financial planners can help their clients predict how they may fare financially.
How to Help Your Clients Invest Using Asset Location Management
Without a tax practitioner’s ongoing planning and involvement, the benefits of tax-aware management are less likely to be achieved.
Longer Lifespans Strengthen Case for Roth Conversions
Roth IRA conversions may be valuable to retirees who have not fully considered the tax impact of required minimum distributions from traditional IRA accounts.
IRS Finalizes Regulations on Use of QLACs
New IRS rules provide that longevity annuity payments will not be required to begin prematurely, thus adding flexibility to retirement planning and helping to protect individuals from outliving their savings.
Retiree Tax Planning With Qualified Longevity Annuity Contracts
The IRS recently issued regulations authorizing a new type of annuity contract for certain tax-favored retirement plans and IRAs: Qualified longevity annuity contracts.
Protection From Creditors for Retirement Plan Assets
This article will help tax practitioners come to grips with the unique intersection of the tax, bankruptcy, and ERISA laws in the area of retirement planning.
Cross-Border Pension Rollover Creates U.S. Taxable Income
As the global workforce becomes increasingly mobile, more and more workers must wade through the intricacies of cross-border taxation.
Pension Rescue and the Fair Market Value of a Permanent Life Insurance Policy
“Pension rescue” is a sales concept used to help sell life insurance. The problem with pension rescue is that it is based on a valuation of the life insurance policy that may not hold up to IRS scrutiny.
Key Planning Considerations for Cash Flow in Retirement
Assuring sufficient cash flow during retirement is a critical planning consideration. This column addresses various factors that affect cash flow for retirees in the current economic climate.
