Posts by Madeline.Johnson
3 Reasons Young Investors Choose the Roth IRA
More young people are beginning to plan for retirement than ever before, starting as early as 18-25 years of age. This allows a much longer time period to prepare and…
Read MoreRetirement Industry Trust Association Announces New Board of Directors, Focus on Industry Support
The Retirement Industry Trust Association announces new board members and an increased focus on providing industry support. The Retirement Industry Trust Association (RITA) recently hosted elections for their Board of…
Read MoreFinal IRS Regulations: Important News on RMDs and Beneficiaries
On July 18, 2024, the IRS released final regulations on required minimum distributions (RMDs) and beneficiary options. These final rules have been anticipated since February 2022, when proposed regulations were…
Read MoreIRS Issues Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
The IRS has issued Notice 2024-81. This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under § 417(e)(3), and the 24-month average…
Read More401(k) Limit Increases to $23,500 for 2025, IRA Limit Remains $7,000
The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024. The IRS today…
Read MoreRITA to Host Retirement Industry Conference, “On the Horizon of SDIRAs,” October 28-29, 2024 in Scottsdale, AZ
RITA’s self-directed IRA conference “On the Horizon of Self-Directed IRAs” is happening October 28-29, 2024 in Scottsdale, AZ. The Retirement Industry Trust Association (RITA) will host its fall conference for…
Read MoreRITA to Host Retirement Industry Conference, “Spring Into the Future with SDIRAs,” April 29-30, 2024 in Washington, D.C.
RITA’s self-directed IRA conference “Spring Into the Future with SDIRAs” is happening April 29-30, 2024 in Washington, D.C. The Retirement Industry Trust Association (RITA) will host its spring conference for…
Read MoreTips for Seniors to Avoid Financial Scams
Remember, scammers are constantly evolving their tactics, so staying informed and vigilant is crucial to avoiding financial scams while protecting your finances and personal information. 1. Avoid Suspicious Links Don’t…
Read MoreRITA to Host Retirement Industry Conference, “Winning with Self-Directed IRAs,” on November 6-7, 2023 in Las Vegas, NV
RITA’s self-directed IRA conference “Winning with Self-Directed IRAs” is happening November 6-7, 2023 in Las Vegas, NV. The Retirement Industry Trust Association (RITA) will host its fall conference for self-directed…
Read MoreRequired Minimum Distribution (RMD) Rules After SECURE 2.0
Retirement plan accounts (other than Roth accounts, that is) are tax deferred, but not forever. At a certain age, every retirement plan owner or participant must begin to receive annual…
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