As always, very informative post. Also read previous post re gift tax. Very interesting. Especially considering I purchased a Powerball ticket for tonight's drawing. 😊 Been working with financial advisor to consolidate all my retirement accounts. Putting other financial moves on pause as we're dealing with some minor medical issues (just some dental stuff, but expensive). Hopefully after the first of the year will meet with him again to discuss next steps.
As always, very informative post. Also read previous post re gift tax. Very interesting. Especially considering I purchased a Powerball ticket for tonight's drawing. 😊 Been working with financial advisor to consolidate all my retirement accounts. Putting other financial moves on pause as we're dealing with some minor medical issues (just some dental stuff, but expensive). Hopefully after the first of the year will meet with him again to discuss next steps.
I find many people get confused with gift taxes, Suzie.. but thanks for reading, and I'm happy you found it interesting.
Glad your medical issues are minor, and hope you have the right Powerball numbers for tonight!
Account consolidation is smart, but nothing that can't wait another couple of months...