Law360 (August 2, 2021, 5:03 PM EDT) -- In Mazzei v. Commissioner of Internal Revenue, the U.S. Court of Appeals for the Ninth Circuit joined the U.S. Court of Appeals for the First Circuit, U.S. Court of Appeals for the Second Circuit and U.S. Court of Appeals for the Sixth Circuit in rejecting the substance-over-form doctrine for transactions involving a Roth IRA and a … [Read more...] about 9th Circ. Adds Pressure To Reject Substance Over Form
Roth IRA
A Millennial Money Coach Shares How She Saved $100,000 by Age 25
﹒ This article is part of our Life With Intention series about high achievers who exemplify intentional living. Money was never a taboo subject for 26-year-old financial coach Tori Dunlap. But it didn't take her long to realize not everyone … [Read more...] about A Millennial Money Coach Shares How She Saved $100,000 by Age 25
Backdoor Roth IRAs Are More Popular, But Facing Regulatory Scrutiny – Barron's
Backdoor Roth IRAs Are More Popular, But Facing Regulatory Scrutiny Barron'sBackdoor move enables larger Roth-IRA funding Medical EconomicsInvestors love Roth IRA conversions amid Biden's looming tax hikes, but they hate the upfront tax bills. Here's one advisor's trick for biting the bullet now to fuel tax-free wealth later Financial … [Read more...] about Backdoor Roth IRAs Are More Popular, But Facing Regulatory Scrutiny – Barron's
New IRA Allows for Tax-Deferred Bitcoin Mining
eclipse_images / Getty ImagesIndividual retirement account provider Choice and Bitcoin mining/hosting firm Compass Mining recently announced that they are offering an IRA that would allow miners to produce Bitcoin with special tax advantages. See: Financial Experts React to Rise in Crypto Retirement PlansFind: The Wealthy Actively Use This Roth IRA Strategy, and So Can YouUnder … [Read more...] about New IRA Allows for Tax-Deferred Bitcoin Mining
What Is A Required Minimum Distribution?
What is a required minimum distribution?A required minimum distribution, or RMD, is a specific amount of money that must be withdrawn from some retirement plans the year after you turn 72.After decades of contributing to your retirement plan, you might be approaching the time to start taking money out of it. Some retirement accounts have required minimum distributions. These … [Read more...] about What Is A Required Minimum Distribution?