What to Know About Rolling a 529 Account Into a Roth IRA
As of 2024, you can roll over unspent funds from a 529 plan to a beneficiary-owned Roth IRA. This provision gives families a way to kick-start a young person's retirement savings.
10 Do’s and 1 Don’t for the Trustee of a Trust
Whether it's an honor or a burden (or both), you have been appointed trustee of a trust. What responsibilities have been thrust upon you? How can you successfully carry them out?
2024 Election: Harris, Trump on Social Security and Medicare
Keeping track and making sense of government policies and presidential candidates’ promises can be daunting during any election year. This year is no exception.
Does Medicare Cover Hearing Aids?
Hearing loss is common in older adults, but many still don't wear hearing aids. In addition to helping people to hear better, hearing aids have been demonstrated to have a positive impact on physical and mental health.
Medicare Open Enrollment – and New Benefits – Are on the Way
Medicare open enrollment is on the horizon. Start thinking about changes you may want to make to your coverage. Some significant changes have come along for Medicare, with more taking effect in the near future.
Voting Rights for People With Cognitive Impairment
A fundamental aspect of a representative democracy is the right to vote, shared by all eligible citizens, whether or not they have full cognitive abilities.
Using 529 Plans for a Grandchild’s Higher Education
This type of account, named for Section 529 of the Internal Revenue Code, enables you to reduce your taxable estate while earmarking funds for the higher education of a grandchild (or any other family member).
Medicare Open Enrollment Starts October 15: Is It Time to Change Plans?
Medicare's Open Enrollment Period, during which you can freely enroll in or switch plans, runs from October 15 to December 7. Now is the time to start shopping around to see whether your current choices are still the best ones for you.
Proper Estate Planning Reduces Issues of Probate
Sound estate planning can make the probate process run efficiently and smoothly, protecting your estate's value and legacy and preserving your family's well-being. An attorney can help mitigate the risks.
IRS Finalizes 10-Year RMD Rules for Inherited IRAs
After much anticipation, the Treasury Department and the Internal Revenue Service (IRS) have issued final regulations relating to the 10-year required minimum distribution (RMD) rule for people who inherit individual retirement account (IRA) assets.