Fin Logix Connect

A successor beneficiary is someone who inherits an individual retirement account (IRA) from a prior beneficiary rather than directly from the original owner. That second-generation inheritance can affect distribution deadlines, annual required minimum distributions (RMDs) and tax-planning considerations. Because of these implications, it’s especially important to understand the original beneficiary’s…

Lowe’s announced a new partnership on Tuesday with dozens of companies that aims to address America’s shortage of skilled workers by helping to train and develop 1 million tradespeople over the next decade. The Lowe’s Foundation is partnering with Nvidia, General Motors, AT&T, Bank of America and more through the…

You inherited an IRA from a beneficiary, not the original owner. That distinction matters because you generally assume the existing distribution schedule and don’t start a new timeline. As a result, your options may be more limited than what is available for direct beneficiaries. Overlooking these requirements could accelerate withdrawals,…

ASHEVILLE, N.C. – Treasury Secretary Scott Bessent delivered a firm call to action to global financial leaders in his opening remarks at the G20 Finance Track meetings on Monday, urging the group to refocus on driving “stronger and more durable growth” by dismantling government-imposed economic barriers. Speaking at the gathering…