Timothy Sumer

Tax Free Annuity on Death Before Age 75 - Evens Up The Field When Comparing Flexible Pension Drawdown - what the autumn budget statement really means for you... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The Autumn Statement, released in December 2014, brought with it some exciting news for married couples and those in civil partnerships. In a bid to help couples save more for their retirement, the government is introducing a new tax-free spouse pension annuity. The tax-free spouse pension annuity will allow married couples to transfer their pension savings from one partner to the other, free from any tax liability. This will allow couples to share their pension savings more equally, and benefit from the tax-free status of the transferred funds. The government has also announced a number of other measures to help ...

Inherited IRAs are becoming more common. Understanding the tax ramifications can help you avoid overpaying taxes. Frazier & Deeter Partner Kelly Garrison explains the options.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Inherited IRAs are a unique type of retirement account that can be used to pass on wealth to the next generation. They are a powerful financial tool for those who want to pass on their retirement savings to their heirs. But, it’s important to understand the tax implications of an Inherited IRA before making any decisions. The first thing to understand is that an Inherited IRA is not the same as a traditional IRA. With a traditional IRA, the account holder is responsible for making all contributions and withdrawals. With an Inherited IRA, the account holder has no say in how the funds are managed. The beneficiary of t...