Do funds in a Roth IRA get the benefit of a stepped-up basis for my heirs when I die? – Ed No, the cost basis of the assets ...

I spoke a few weeks ago about the rationale – or lack of it – behind the basis step-up at death. Readers stepped up to offer their thoughts. Tom Edgar from Wolfcreek, West Virginia thinks it’s about ...

Do funds in a Roth IRA get the benefit of a stepped-up basis for my heirs when I die? No, the cost basis of the assets held within your IRA will not step up or reset to their current market value when ...

Stepped up basis can minimize the tax bill. Basis is a key concept to understand here. Let’s say you bought a bunch of stock for $100,000 and a few years later sold it for $250,000. To understand how ...

I noticed this tweet from a wealth adviser: “The greatest perpetuator of U.S. wealth inequality is the stepped-up basis rule. Basically, when you die, all the capital gains on your assets (home, ...

As congressional lawmakers turn their attention to taxes, farmers and ranchers are urging them to include estate tax repeal in any tax reform legislation they consider this year. “The estate tax is ...

Communications by text or email often cause the reader to misunderstand the writer’s intent. So too, newspaper columns. When messages or thoughts are delivered in person, the ability to read the ...

Leveraged direct index tax loss harvesting aims to transition appreciated assets without capital gains but often results in high fees, complexity, and long-term tax liabilities. Over 10 years, fees ...