Pension Maximization
My spouse is about to receive a pension. We’ve heard of “pension maximization”. What is it?
Is pension maximization right for you? There are a number of factors to consider.
The pension maximization technique is not for everyone, but could be worth considering as you and your spouse evaluate the pension benefit options.
Surviving An Audit
Even the most honest of taxpayers can be left trembling at the thought of an IRS audit. Let’s face it — it’s right up there with public speaking. To survive an audit, you’ve got to arm yourself with information You should understand what the audit process is all about, why your return was audited, what your rights and responsibilities are, and how you can appeal the findings.
An audit is not an accusation of wrongdoing.
Retirement Account Rollovers
A rollover is the movement of funds from one retirement savings vehicle to another. You may want to make a rollover for any number of reasons — your employment situation has changed, you want to switch investments, or you’ve received death benefits from your spouse’s retirement plan.
There are two possible ways that retirement funds can be rolled over — the indirect (60-day) rollover and the direct rollover (or trustee-to-trustee transfer).
