Beneficiary


 

How to Best Leave an IRA to Charity [0.16]

Posted on Aug. 12, 2017, 11 a.m. by Morningstar Articles @ [source]

Some of the charities are big and some are small churches or 501(c)(3)s. It would make sense to fund the charities' shares with the retirement benefit asset (the IRA) because the charities will pay no income tax on the IRA proceeds, whereas if the individuals' shares are funded with IRA assets their net inheritance will be reduced by income taxes. The client dies and then the charities find out, but the IRA provider won't simply issue the charities a check upon presentation of proper identification and Form W-9.

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We pay good money to estate-planning attorneys to draft trusts and wills. A transfer on death registration allows you to transfer such accounts to another individual upon your death, allowing the assets to avoid probate; a similar registration type--payable on death is available for bank accounts.

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What Happens to Your HSA in Retirement? [0.11]

Posted on July 20, 2017, 11 a.m. by Morningstar Articles @ [source]

Health savings accounts get plenty of attention in the financial media and in Washington.

Yet there's no denying the growth of this account type, which has mirrored the uptake of high-deductible healthcare plans in the marketplace and on employer-provided healthcare menus.

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Handling HSAs After Death or Divorce [0.10]

Posted on June 15, 2017, 5 p.m. by Morningstar Articles @ [source]

Remember when IRAs were a new idea?

HSAs are actually handled like IRAs in a divorce.

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A Guide to Your College-Savings Options [0.14]

Posted on May 8, 2017, 8:30 p.m. by Morningstar Articles @ [source]

Finding the right vehicle to save for college can be daunting.

Below, we've outlined a few salient features of a few of the most common college-savings vehicles, including the tax treatment for each, how much you can contribute, who can contribute, the rules governing distributions, and a summary of the types of individuals who will tend to benefit most from each investment vehicle.

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In a volatile trading session, the benchmark indices on Thursday were trading higher ahead of the expiration of March futures & options later in the day.

At 2:27 pm, the S&P BSE was trading at 29,664, up 133 points, while the broader Nifty50 was ruling at 9,167, up 24 points.

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Cramer: 2 scenarios that turn Snap into a buy [-0.10]

Posted on March 7, 2017, 11:45 p.m. by Investing @ [source]

With shares of Snap falling another 9 percent on Tuesday, Jim Cramer shared two ways that it could turn itself into a buy. The second could be if Snap were the beneficiary of a gigantic amount of advertising money that moved online, much like Domino's did for the pizza industry.

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Some individuals have the ability to contribute after-tax amounts to their employer-sponsored plans such as a tax-deferred 401k or a defined benefit pension. Generally, since these amounts are after-tax, the contributions start adding up to a sizable amount known as basis.

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IRA Basics [0.11]

Posted on Oct. 24, 2016, 12:53 p.m. by Getting Your Financial Ducks In A Row @ [source]

This article is intended only to provide you with the basics of IRAs, to get you started with your education. These days nearly everyone has an IRA – so it’s important to understand IRA basics.

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