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By conducting an analysis of all accounts, investments and properties, a divorce financial advisor can help you avoid costly mistakes when dividing assets. Post-divorce, an advisor can help you ...
So if you have an IRA going into the marriage, you should be able to exclude any amounts in the account up to that point. ... And if you expect to receive IRA assets following a divorce, be sure ...
2. Evaluate your investments and take your RMDs. Early 2025 is an ideal time to review your investment strategy to make sure your portfolio is still on the right track to meet your goals.
Individual retirement accounts (IRAs) offer fantastic tax advantages. But that means you should be more strategic about what you put in an IRA -- not less so. Not every asset is a great fit for ...
Traditional IRA: You invest pre-tax dollars in a traditional IRA, meaning that you may be able to avoid paying taxes on any contributions. Your investments grow tax-deferred until retirement when ...
Get ready: Adjust your investment strategy to reduce taxable income, perhaps by shifting funds to a Roth IRA. A tax professional can help you optimize your withdrawals and minimize your tax burden.