Make sure you’ve got a plan for your RMDs

Do you have a handle on your retirement plan distributions? If not, you could be faced with penalties or higher taxes. Consider these tips. After all the advice you've received about saving for retirement, taking money out of your traditional IRAs and other qualified retirement plans may feel strange. Yet once you reach 70½, the [...]

By |2018-08-01T07:47:36-05:00August 1st, 2018|Tax|

Happy 529 College Savings Day! Learn about Minnesota’s new tax benefit!

The MN Department of Revenue released the following information about the new 529 college savings plan deduction/credit.... 05/29/2018 Today is National 529 College Savings Day, a day to bring awareness to the options available to save for college expenses. Do you contribute to a college savings plan? If so, you may qualify for a new [...]