Understanding the Tax Consequences of Inheriting a Roth IRA

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Passing down a Roth IRA can seem like a good idea, but it doesn’t always make the most sense. Before converting a traditional IRA into a Roth IRA to benefit your heirs, you should consider the tax consequences. Earnings in … Read More

How to Use IRA Savings to Buy Long-Term Care Insurance

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Long-term care insurance (LTCi) is an important element of good retirement planning, since it offers financial protection against unexpected illness or disability that would otherwise eat into savings. However, many LTCi plans are simply too expensive for most retirees or … Read More

Relief From Medicare’s Part B Late-Enrollment Penalty Offered to Some

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Medicare is offering relief from penalties for certain Medicare beneficiaries who enrolled in Medicare Part A and had coverage through the individual marketplace. For a short time, these individuals will be able to enroll in Medicare Part B without paying … Read More

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