Recently President Obama proposed two changes to the existing IRA rules. Tapping into the IRA basics, these two proposals are made to simplify the complicated aspects of IRA withdrawal rules. The proposed amendments can be found in a 151-page Treasury … Continue reading
Recently, the Internal Revenue Service (IRS) revised its regulations regarding IRAs. Benefits of the New IRA Regulations The new IRS rules allow for increased flexibility in your individual retirement account (IRA). Some of the new provisions: Allow beneficiary rollovers from … Continue reading