A Roth IRA is a type of retirement account where you contribute after-tax money. However, there are a handful of common Roth IRA mistakes people make. One of the great…
Tag: RMDs
How to Pay Less Tax on Retirement Account Withdrawals
There are a variety of tax deductions and credits available to people who save for retirement. Retirement accounts such as 401(k)s and IRAs are a popular way to save for…
CKS White Paper in the Spotlight - Understanding Required Minimum Distributions
In this White Paper from CKS Summit Group we take a look into government tax-incentivized Required Minimum Distributions (or RMDs). You’ll learn more about when to take the RMDs, how…
Required Minimum Distributions: 5 Things to Know
Required minimum distributions (RMDs) are government forced withdrawals from your IRAs, 401(k)s, 403(b)s, or any qualified plan. They are based on your account balance and life expectancy. If you are…
The Big Picture of Tax Season: Be Aware
Tax season is all about awareness. There are many components to taxes, and unless you understand all the moving parts, you run the risk of taxes beginning to eat up…