Retirement plans offer a terrific opportunity for taxpayers to save for their retirement in a tax-deferred way. While several types of these plans exist, most individuals have some level of familiarity with the Individual Retirement Account (“IRA”). IRAs have limits on the allowable contributions and a schedule regarding when distributions need to begin occurring. Recently, the Biden Administration released its Fiscal Year Revenue Proposals for 2024 that contained a provision regarding preventing excessive accumulations by high-income taxpayers in such accounts. Read on to learn more.
Attorney Daniel A. DeBruyckere has been practicing law in New Hampshire and Massachusetts since 1998, and has helped hundreds of clients with their estate planning and elder care issues. He is well respected in the areas of estate planning, probate, trust administration, elder law issues, and business planning. Attorney DeBruyckere is admitted to practice in Massachusetts and New Hampshire. He is a former adjunct faculty member of the Massachusetts School of Law, and is also a member of the Essex County Bar Association, Massachusetts Bar Association, New Hampshire Bar Association, Salem Bar Association, as well as a member of the National ACADEMY of Elder Law Attorneys Read More!
Latest posts by Daniel DeBruyckere (with materials provided by the Academy) (see all)
- What Football and Estate Planning Have in Common - October 2, 2025
- “Let’s Go Crazy” … Over Prince’s Estate - September 16, 2025
- Hulk Hogan and Disclaimers…? - September 1, 2025
