Fin Logix Connect

Apple CEO John Ternus marked his first day in the top job at the tech giant on Tuesday, with the company embarking on a new era after former CEO Tim Cook stepped down from the role after 15 years. Cook, who will remain with Apple as the company’s executive chairman,…

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,…