Tags » Retirement Funds

Supreme Court holds inherited IRAs part of bankruptcy estate

The U.S. Supreme Court ruled in June that inherited IRAs are not “retirement funds” exempt from a debtor’s bankruptcy estate. Unlike funds in other accounts, funds in inherited IRAs are not set aside for the purpose of retirement, the Court held. 339 more words

IRS

1 Jul 2014 (TheAge) - Average super funds to return 13%

(1 July 2014, The Age, BusinessDay, p21, Sally Patten)

‘Superannuation fund members are on track to be the beneficiaries of a second consecutive year of double-digit returns, thanks to soaring equity markets. 75 more words

1.Market Observations