Residuary Estate: Meaning And How To Distribute It
In this blog, we aim to shed light on a vital aspect of estate planning: the residual estate. Understanding the components of an estate following a person’s death is crucial…
Month: June 2024
IRA Transfer Vs. Rollover: What Is The Difference?
When it comes to managing your retirement funds, navigating the various options available can be daunting. Among the most common strategies are IRA transfer vs. rollover. These terms may seem…
IRA Required Minimum Distributions FAQs: Common Questions Answered
Navigating the complexities of retirement accounts can be challenging, especially when it comes to understanding required minimum distributions (RMDs). At Nevada Trust Company, we are committed to helping you manage…
Inherited IRA: 8 Rules Every Beneficiary Should Understand
Navigating the financial implications of inheriting an IRA can be complex. An inherited IRA, or beneficiary IRA, is an account that comes into play when an individual inherits IRA assets…
Can You Have A Roth IRA And A 401(k)?
Navigating the world of retirement savings often brings up a common question among investors: Can you have a Roth IRA and a 401(k)? The simple answer is yes, and having…
Are IRA Contributions Tax Deductible?
When planning for retirement, understanding the tax implications of your investment choices is crucial. One common question among investors is, "Are IRA contributions tax deductible?". The answer varies depending on…
