One of the newest blood thinners on the market, doctors prescribe Eliquis to prevent blood clots and strokes. Bristol-Myers Squibb and Pfizer tout their drug as one of the safest available, but clinical trials involved several flaws, leading some experts to believe the results are unsubstantiated.
Charitable Donation Option for IRAs Qualified charitable distributions give traditional IRA owners the opportunity to give their required minimum distribution directly to a qualified charity so that they do not have to include the income on their income tax return. To be eligible, you must be at least 70 1/2 years old and must get a receipt from the receiving charity.
According to IRS publication 590-A, the annual required minimum distribution (RMD) from your traditional IRA cannot be converted to a Roth IRA, says Tom Mingone, a financial planner at Capital Management Group of New York.You just have to satisfy the RMD requirement before you do a Roth conversion,â says Mingone. (If you arenât working and receiving earned income, you canât make a contribution to a Roth but once the money is in a traditional IRA, you donât need to have additional earned income to move the money to a Roth IRA.).