No Non-Cents Blog

Inheriting an IRA can feel like discovering a treasure chest… that comes with a 10-year timer and a stack of IRS instructions. With the SECURE Act (2019) and SECURE Act 2.0 (2022–2023 updates), the rules for inherited retirement accounts have changed. Knowing the rules can save you from unnecessary taxes, penalties, or the stress of mismanaging the account. The Basics: What Changed with SECURE and SECURE 2.0 Before 2020, beneficiaries could “stretch” an inherited IRA over the

Congratulations! You’ve found The One — the person who laughs at your jokes, tolerates your family, and said yes  to marrying you. You’ve conquered the hard part (finding each other) and survived the wedding planning process (which, statistically speaking, is more stressful than assembling IKEA furniture without instructions). Now it’s time for your next great adventure: combining your finances. Cue the dramatic music. Because nothing says “happily ever after” quite like deba

Estate taxes are a fact of life. Regardless of your asset amount, you will want to plan ahead. But if you have a high net worth, you will...

We all know that paying taxes each year that we are alive is to be expected. However, the federal government levies a tax when you die...