This handout highlights the rules regarding the exception to the 10% penalty for early retirement distributions. The handout also discusses the possible risks involved in implementing this strategy.
Read MoreThis handout highlights the components of Social Security retirement and disability benefits. It also provides an Overview of Medicare eligibility and benefits.
Read MoreThis handout contains information for homeowners over age 62 who may be interested in converting the equity in his or her home into cash. Included is guidance on who qualifies for a reverse mortgage and examples of reverse mortgage situations.
Read MoreThis handout discusses a taxpayer's various sources of retirement income including Social Security, pension, and IRA distributions. Age-specific requirements and tax implications are highlighted.
Read MoreThis handout discusses the tax advantages and rules of traditional IRAs. It also includes the phaseouts for deducting contributions for taxpayers who are also covered by an employer-sponsored plan.
Read MoreThis handout discusses the tax advantages of a Roth IRA. It includes information on contribution and conversion rules.
Read MoreThis handout reviews the rules for required minimum distributions from IRAs and defined contribution plans.
Read MoreThis handout outlines some of the considerations for an employee who is selecting a pension option. The handout provides a description of a potential financial limitation of choosing the wrong type of pension payout and a strategy to consider to alleviate drawbacks of the various choices.
Read MoreThis handout highlights the various types of retirement accounts along with the contribution limits and rules. The handout also includes information on qualifying for the Retirement Savings Contribution Credit.
Read MoreThis handout provides charts of inflation-adjusted tax provisions, tax rate schedules, and net capital gain tax rates.
Read MoreThis handout provides a high-level Overview of the financial planning process. Taxpayers can gain valuable information on personal financial planning and income tax planning.
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