Recent Stories From This Author
If the funds in a taxable IRA are used to purchase an immediate annuity, what impact does that have on required minimum distributions? IRA expert Ed Slott answer this question and others.
Our IRA expert answers questions on recharacterizations, the withdrawal penalty and the 5-year rule.
A Supreme Court ruling highlights the problems that may ensue when an ex-spouse remains a beneficiary for death benefits.
Our IRA expert answers questions on using severance pay as an after-tax contribution to a 401(k), non-cash required minimum distributions and after-tax 401(k) rollovers.
Your IRA Expert answers a number of questions about required minimum distributions including why you shouldn't wait and what happens if you do.
The administration's budget seeks 6 major changes related to IRAs and 401(k)s.
Changes require advisors to adjust strategies for using net unrealized appreciation for lump-sum distributions.
Ed Slott, Your IRA Expert, answers questions on when to convert a traditional IRA to a Roth and what happens when the 60-day rollover period has passed.
Ed Slott, Your IRA Expert, answers the question: Can non-spouse beneficiaries of an employer-sponsored 403(b) TSA plan convert inherited TSA funds to inherited Roth IRAs?
Your IRA Expert answers questions about a potential new cap on IRAs and how to reduce the tax bill of a self-employed person taking distributions from a 401(K).
Ed Slott, Your IRA Expert, examines several questions surrounging Roth IRA and tax implications.
Your IRA Expert answers the question of how the executor of a will can pay off debt with an inherited IRA.
Changes for in-plan conversions are buried deep in the fiscal cliff tax deal. Here's how they may affect your clients.
Your IRA Expert answers the question does the new tax law authorize the rollover of after tax 401(k) accounts to a Roth IRA?
Your IRA Expert answers the question: how safe are Roth IRAs from some types of government interference?
Your IRA Experts answers the question: should a client roll an inherited IRA into a Roth IRA or continue to withdraw the required minimum distributions?
Your IRA Expert examines the question: Does an IRA need to be in a fee-based or wrap account?
Your IRA Expert answers the question did the 2013 tax law add any income limits to a Roth conversion?
Your IRA Expert explains direct rollovers and IRA tax implications.
Ed Slott, Your IRA Expert, answers the question: Is it possible to transfer money out of my retirement plan and into an IRA and/or Roth while I am still employed?