Profile Perspectives

Proper financial planning can change your relationship with money.

Read Doug’s articles originally printed in The Jerusalem Post.

Great News If You Take Distributions from Your IRA
May 21, 2020
No RMD in 2020

Many of my clients have Individual Retirement Accounts (IRAs) in America. These special accounts allow them to invest in stock, bonds, ETFs (exchange traded funds), bank deposits (CD’s), and more, and not have to pay U.S. tax on the earnings. 
When do I pay U.S. tax on my IRA? 
When people withdraw money from a regular IRA,… Read more

New IRA Regulations: How Will They Affect You?
April 23, 2020

If you’re an American who moved to Israel and left your Individual Retirement Account (IRA) in America, get ready for important changes, some of which could help you out. 
If having an address in Israel is creating a problem with your IRA, please contact Sandy in my office (sandy@profile-financial.com) to see what easy solutions are available to you. … Read more