Comments on: Annual Limits for Retirement Plans – 2013

Introducing the age 55 exception for a withdrawal from a 401(k) plan. Penalty free, with some restrictions applied. The post The Post-55 Exception to the 10% Penalty for Withdrawals from 401(k)...

https://financialducksinarow.com/4392/the-post-55-exception-to-the-10-penalty-for-withdrawals-from-401k/

Things to consider with an inherited 401(k) plan - such as, you can convert the plan to a Roth IRA, enjoying tax-free withdrawals afterward. The post Converting an Inherited 401(k) to Roth app...

https://financialducksinarow.com/4374/converting-an-inherited-401k-to-roth/

You have a decision to make when it comes to taking RMDs from your IRAs. You're allowed to take them all from one, or one from all. The post Which Account to Take your RMDs From appeared first...

https://financialducksinarow.com/4344/which-account-to-take-your-rmds-from/

Should you rollover that old retirement plan? In many cases, it makes a lot of sense. But not in all cases, of course. The post Arguments in Favor of a Rollover appeared first on Getting Your ...

https://financialducksinarow.com/4337/arguments-in-favor-of-a-rollover/

An IRA distribution can be used to reduce or eliminate those pesky quarterly estimated tax payments. See how. The post Using an IRA Distribution and Withholding to Reduce Estimated Tax Payments...

https://financialducksinarow.com/4321/using-an-ira-distribution-and-withholding-to-reduce-estimated-taxes/

Is there a way to use the prohibited transaction rules for IRAs in your favor? Hypothetically, there seems to be. The post Using the Prohibited Transaction Rules to Your Advantage appeared fir...

https://financialducksinarow.com/4272/using-the-prohibited-transaction-rules-to-your-advantage/

Do you know what due diligence is for claiming credits on your income tax return? If you use a preparer, you can bet he or she does. The post Earned Income Credit and Due Diligence appeared fi...

https://financialducksinarow.com/4271/earned-income-credit-and-due-diligence/

What should you expect when you owe money to the IRS? There are many options you can use to pay the tax - and it must be paid. The post What to Expect If You Owe Money to the IRS appeared firs...

https://financialducksinarow.com/4257/what-to-expect-if-you-owe-money-to-the-irs/

A taxable account can be an important component of your overall saving strategy. The tax savings can be very useful in the long run. The post The Importance of a Taxable Investment Account app...

https://financialducksinarow.com/4245/the-importance-of-a-taxable-investment-account/

FRA has adjusted, why haven't there been other age adjustments for Social Security benefits? Leaving them alone works in the system's favor. The post Age Adjustments for Social Security appear...

https://financialducksinarow.com/4243/age-adjustments-for-social-security/