News & Press

How to Withdraw Retirement Funds: Learn 9 Smart Ways

News & Press

Thursday, March 06, 2025

If you think saving for retirement is complicated, try figuring out how to withdraw retirement funds while minimizing taxes.

“As much as 70 percent of your hard-earned retirement funds can be eaten up by income, estate and state taxes,” says IRA guru Ed Slott, author of the retirement-planning books “Fund Your Future: A Tax-Smart Savings Plan in Your 20s and 30s” and “The Retirement Savings Time Bomb Ticks Louder.”

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Ed Slott: Traditional IRAs Are The Worst Possible Asset To Own

News & Press

Thursday, March 06, 2025

In the wake of the SECURE Act, traditional IRAs have become the worst possible asset to own, IRA expert Ed Slott told advisors attending The American College’s Horizons conference in San Diego on Tuesday.

Slott and another widely regarded accounting expert, Jeff Levine, opened the event with a brief session entitled, “The Great Debate: Is The Traditional IRA Dead?,” with Slott arguing that that the primary asset accumulation vehicle for millions of Americans was a rotten investment.

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Inherited an IRA? Avoid These Common Mistakes That Can Cost You

News & Press

Monday, January 06, 2025

“There is no downside to inheriting an IRA other than not being able to handle it,” says Ed Slott, president of Ed Slott & Co., an IRA distribution firm in New York. “I’ve worked with parents and grandparents who don’t talk to their kids about inheritance. The kids get a windfall but don’t realize it’s taxable.”

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401(k) contributions: Why its time to abandon tradition

News & Press

Friday, January 03, 2025

Robert “Bob” Powell sits down with Ed Slott, IRA Expert, Professional Speaker, and Author, who makes his case for Roth conversions. Ed goes into detail about the complexities of IRA beneficiaries and how to maximize your tax bracket. Find out how legislation such as Secure Act 2.0 impacts your retirement savings in this week’s episode of Decoding Retirement.

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