Jeffrey Levine

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Last quote by Jeffrey Levine

Form 5329 is considered its own tax return, so the IRS can hit you with a failure to file penalty, plus accuracy-related penalties.feedback
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Mar 03 2017
Jeffrey Levine has been quoted in 6 different articles. Most recently, Jeffrey Levine has been quoted saying, “Form 5329 is considered its own tax return, so the IRS can hit you with a failure to file penalty, plus accuracy-related penalties.” in an article called This tax-season foul-up will cost you - and your Roth IRA. This is only one of 15 quotes from Jeffrey Levine. To see more examples Jeffrey Levine’s views and opinions, check out the section below. You can filter Jeffrey Levine's quotes by date and by topic to see, for example, what Jeffrey Levine said about IRA recently and in the past.
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Jeffrey Levine quotes

People think, I put the money in there for health expenses. I have a health issue, so I'll use the money now. That isn't the most tax-efficient use.feedback

We haven't had an issue with large HSA accounts, but could you see it? Absolutely. If you're getting close to the end, you would want to start pulling from that account. Don't leave it to a nonspouse beneficiary.feedback

If you let the money grow, you would get the deduction for the contributions, taxes on growth would be deferred, and withdrawals are tax free at a time when you're likely to incur medical expenses at a greater frequency.feedback

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