Category Archives: Account Management
Still Time to Reverse Your 2017 Roth Conversion
Last November, Kingdom Trust discussed how Roth recharacterizations were on the chopping block in the tax bill under consideration. This impactful tax legislation went through several forms and revisions before passing both chambers of Congress. President Trump signed the final version, the Tax Cuts and Jobs Act, into law on December 22. A provision of […]
5 Year-End Items to Check Off Your List
Previously, we’ve discussed five things to consider doing before the end of the year. For many of us, details about retirement and other financial accounts are pushed to the background as we scramble to wrap up holiday shopping. But for some account holders, it’s very important to take care of certain items like those below, […]
Rollovers and Transfers: 3 Ways to Move Retirement Assets to a New Account
With rollover advice being a key touchpoint in the Fiduciary Rule, investors are likely getting more information from their teams of professionals as a result. However, clients sometimes struggle to define what type of method they are utilizing to come over to our firm. Is it a rollover, and if so, which type? Or is […]
6 Things That May Impact, Delay or Derail Your Rollover
You may have read our blog post in November 2016 on five things that may impact or delay transfers. While many Kingdom Trust clients come to us via an IRA transfer, many also come to us by indirect or direct rollover. Are there instances where a rollover could be impacted or delayed? Absolutely. In fact, […]
Should You Conduct Cybersecurity Due Diligence on Your Advisor?
In previous Kingdom Trust blog posts, we’ve provided some general cybersecurity tips and described how cybercriminals could target tax professionals. The financial industry is undoubtedly a primary target for cyber thieves. It was recently revealed in Congressional testimony that a major US bank experienced 30,000 cyberattacks in one week. This breaks down to one attack […]