As I mentioned in an earlier article, I am ramping up my contributions to a 401 (k) plan, in order to reduce current tax liabilities and enjoy tax free compounding of gains. However, I already had an old 401 (k), which was eligible for a rollover.
I’m sure there are three people in America who figured the stock market just right last year and are swimming in money like Donald’s Uncle Scrooge. I am not among them. And neither are millions of others who didn’t duck out. The value of …
DEAR HARRY: I turned 70 in October. That means that I have to take my first IRA distribution before April 15. I plan to take it this year. My IRA is about 90 percent in a mutual fund that has been good to me. So far this year, it has gone up in …
The stock picking contest winner at the 2013 Ira Sohn Conference will be announced around 5:10 PM EST this afternoon. We’re carrying it live. 17:52 PM EST: Joel Greenblatt will present the winner. 17:55 PM EST: The Winner is Simeon …
R.C., Orlando A: Yes, your ESOP can be rolled over to your traditional IRA. Since these are shares of stock being transferred, your IRA should be in a brokerage account that can accept and hold the stock. If the stock is of a company …
“People over 70-and-a-half must take a required distribution from their IRA accounts, and so you could make that contribution ... Individuals can also donate highly appreciate stock shares, but if an organization accepts those kinds of …
You can make a one-time gift, a multi-year pledge, a charitable gift donation through the transfer of stocks or bonds, or a legacy gift to the YWCA through your will, IRA, or Life Insurance Policy. None of what our YWCA does is possible …