It pays to know the quirks in the tax code

If you use a financial adviser or accountant, understand that even they might not be up to speed on the best IRA tax strategies. It pays to educate yourself, and one of the best resources is Ed Slott (IRAhelp.com). In many of his articles, he points out aspects of the IRA tax code that are known by very few IRA investors. Here are some of these regulations that you should be aware of.