Ed Slott, a CPA in Rockville Centre, New York, is an IRA distribution expert, professional speaker and author of several books on IRAs. He is also the founder of
-
Early withdrawals from retirement accounts may be unavoidable in today’s economic climate. You can help mitigate the damage.
By Ed SlottJune 2 -
How will the relief package impact retirement accounts? CPA Ed Slott fields this and other top financial planning queries.
By Ed SlottMay 4 -
The IRS now says some unwanted RMDs can be undone, eliminating the tax bill
By Ed SlottApril 10 -
The passage extends the IRA contribution deadline and waives RMDs for 2020. Here’s what else financial advisors need to know.
By Ed SlottMarch 27 -
A watchful planner might have saved a matriarch’s IRA from being allegedly pillaged by her son.
By Ed SlottMarch 6 -
Advisors can protect clients’ estate planning goals post-Secure Act but the vehicle will have to change.
By Ed SlottFebruary 6 -
The Secure Act was designed to expand retirement savers’ options but it has subsequently all-but-eliminated the stretch IRA for beneficiaries. It's on advisors to make clients aware of the major change.
By Ed SlottJanuary 7 -
If not addressed, the client may see a higher tax bill than was planned. That won't go over well at tax time next year.
By Ed SlottDecember 12 -
Despite recent tax law changes, recharacterizations are still possible and can prove a valuable strategy to correct such missteps.
By Ed SlottNovember 21 -
Buyout amounts are high right now, but there are many other factors to consider when guiding your client to the right choice.
By Ed SlottNovember 8