Postpone Your RMDs

Paul DursoEstate & Trusts, Retirement, Saving, Tax PlanningLeave a Comment

Tax Savings

On July 1, 2014, the IRS released the Final Regulations for “qualifying longevity annuity contracts” (QLACs). Thanks to these regulations, you will now be able to purchase certain annuity contracts that can be excluded from the fair market value you use to calculate your required minimum distribution (RMD). Ultimately, the purpose of the regulations is to make it easier to invest … Read More