Tuesday Tax Facts

Dear Clients and Prospective Clients

When a spouse passes away, the emotional toll can make financial decisions even harder. Yet, choosing how to handle an inherited IRA is critical, but often confusing.

Download “Avoiding Spousal Beneficiary Mistakes in 5 Easy Steps” to learn how to:

• Decide when to remain a beneficiary or complete a rollover
• Understand new RMD timing rules for inherited IRAs
• Protect your heirs by naming new beneficiaries

If you’d like personalized guidance, our team is here to help—call (401) 885-5787 to schedule a meeting.

Dear Clients and Prospective Clients

Life changes quickly: marriage, divorce, a new child or grandchild, or the passing of a loved one. Amid those transitions, it’s easy to forget one critical detail: updating your beneficiary forms.

Keeping them current ensures your assets are passed according to your wishes, avoiding confusion or delays for your loved ones.

Download our “Beneficiary Form Checklist” to review your accounts and make sure everything is in order.

Need help reviewing your forms or aligning them with your estate plan? Call our office at (401) 885-5787 to schedule a visit.

Dear Clients and Prospective Clients,

As retirement approaches, one of the biggest questions is: Will my savings last? Between inflation, longer life spans, and market uncertainty, that’s a valid concern.

A Qualified Longevity Annuity Contract (QLAC) can help you create a reliable stream of income that lasts a lifetime, shielding a portion of your retirement assets from market volatility.

Download “Examining Qualifying Longevity Annuity Contracts in 5 Easy Steps” to learn:

• How QLACs work inside a retirement account
• Why they’re excluded from required minimum distribution (RMD) calculations
• The limits, distribution rules, and key considerations

For guidance on incorporating QLACs into your income plan, call our office at (401) 885-5787 to schedule a time to meet.