Self Directed IRA & Solo 401K Plans with Foreign Bank Accounts- Filing Deadline Approaching

June 9th, 2011

United States persons are required to file an FBAR if:

The United States person had a financial interest in or signature authority over at least one financial account located outside of the United States; and
The aggregate value of all foreign financial accounts exceeded $10,000

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New Rules for Making Charitable Contributions With Retirement Funds

January 26th, 2011

The qualified charitable distribution provisions were renewed for 2010 and 2011, allowing individuals age 70½ or over to exclude from gross income up to $100,000 that is paid directly from their IRA or 401K

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