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#retirement

Retirement

Retirement accounts and planning for individuals, including IRA and 401(k) rollover rules, contribution limits, distributions, beneficiary issues, and the tax treatment of retirement savings

CCRC Entrance Fee Accounting: Deferred Revenue, the Future Service Obligation, and the $190 Million Refund Problem
·mike

CCRC Entrance Fee Accounting: Deferred Revenue, the Future Service Obligation, and the $190 Million Refund Problem

Since 2020, at least 16 CCRC bankruptcies have cost residents an estimated $190 million in unpaid entrance-fee refunds. Here is how continuing care retirement communities actually account for entrance fees — deferred-revenue amortization, the actuarially computed Future Service Obligation (FSO) liability, and the re-occupancy dependency that can make a community look solvent on paper right up until it fails.

healthcare
retirement
revenue-recognition
The DOL Fiduciary Rule Is Dead Again: What It Means for Your 401(k) in 2026
·mike

The DOL Fiduciary Rule Is Dead Again: What It Means for Your 401(k) in 2026

The DOL's 2024 Retirement Security Rule was formally vacated in March 2026, reverting fiduciary status for 401(k) rollover advice to the 1975 five-part test — here's what plan sponsors and savers should ask advisors now.

retirement
401k
retirement-planning
The 0.5% AGI Floor on Charitable Gifts: Preserving Your Deduction in 2026 With Bunching, DAFs, and QCDs
·mike

The 0.5% AGI Floor on Charitable Gifts: Preserving Your Deduction in 2026 With Bunching, DAFs, and QCDs

Starting in 2026, OBBBA imposes a 0.5% AGI floor on itemized charitable contributions and caps top-bracket deductions at 35 cents per dollar. Bunching gifts, funding a donor-advised fund, and making qualified charitable distributions from an IRA recover most of the lost benefit for typical itemizing donors.

charitable-giving
tax-planning
tax-deductions
The Standard Deduction Is Now Permanent: How OBBBA Reshapes the Itemize-vs-Standard Decision for 2026
·mike

The Standard Deduction Is Now Permanent: How OBBBA Reshapes the Itemize-vs-Standard Decision for 2026

How the One Big Beautiful Bill Act made the doubled standard deduction permanent, raised the SALT cap to $40,000, added a 0.5% AGI charitable floor, and stacked a $6,000 senior bonus deduction — with concrete math for the 2026 itemize-versus-standard decision.

tax
tax-planning
tax-deductions
Form 1099-R Box 7 Distribution Codes, Decoded
·mike

Form 1099-R Box 7 Distribution Codes, Decoded

Box 7 of Form 1099-R holds a one- or two-character code that decides whether a retirement distribution is taxable, penalty-free, or hit with a 10% early-withdrawal penalty. This guide explains every numeric and letter code, including the new Code Y for qualified charitable distributions, and the coding errors that overcharge taxpayers.

tax
retirement
personal-finance
The IRA Once-Per-Year Rollover Rule: One 60-Day Rollover and the Trustee-to-Trustee Workaround
·mike

The IRA Once-Per-Year Rollover Rule: One 60-Day Rollover and the Trustee-to-Trustee Workaround

You get only one IRA-to-IRA 60-day rollover per rolling 12-month period, counting all your IRAs as one account — a limit the 2014 Bobrow Tax Court case made aggregate. Trustee-to-trustee transfers are exempt and unlimited.

retirement
tax
personal-finance