When his wife, Kathy, inherited a $246,000 traditional individual retirement account from her mother last year, Brian Creighton said they felt blessed and wanted to be good stewards of the money. The ...

THE YOUNG SOCIALISTS, the youth wing of Switzerland’s Social Democratic Party, do not have any MPs in parliament, but they know how to make a stir. On November 30th the country held a referendum on ...

If you inherit an IRAs, you may need to take required minimum distributions (RMDs). Spouses may delay RMDs or opt for life expectancy payouts; others face stricter timelines. Non-spouse heirs ay need ...

To determine if the sale of an inherited property is subject to taxes, establishing your basis in the property is crucial. Generally, the basis is the fair market value (FMV) of the property on the ...

Spouses who are the account’s sole beneficiary have the most and best choices Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, ...

The wealth management industry is built around baby boomers, and for good reason: Americans born before 1964 collectively possess over $83 trillion of wealth, according to a UBS study. There’s just ...

The so-called “Great Wealth Transfer” is underway. This seismic financial shift involves the oldest Americans — mostly Baby Boomers born between the mid-1940s and mid-1960s — who have collectively ...

Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. MoMo Productions / Getty Images Your 401(k) passes to the person you ...

Q.: Dan, I have a substantial 403(b) and plan to withdraw the RMD upon age 70 ½. However, should my children inherit my 403(b), there should remain a substantial amount. What are their options? Back ...

Best Performance by an Actor in a Featured Role in a Play: Ed Begley won. Best Performance by an Actor in a Leading Role in a Play: Paul Muni won.