News & Press

Do you have clients who took coronavirus-related distributions, or CRDs, in 2020?If so, they face an immediate decision about how to include the CRD in taxable income

In this video interview, Ed Slott, author of The New Retirement Savings Time Bomb walks through five actionable steps to protect your retirement savings from the taxman. 

Christine Benz: Hi, I'm Christine Benz for Morningstar.The SECURE Act, passed in late 2019, brought about the demise of the so-called "stretch IRA." Joining me to discuss the implications for tax and retirement planning is tax and retirement expert, Ed Slott

Bro interviews tax expert Ed Slott about his latest book, “The New Retirement Savings Time Bomb.” Also, can using an app influence your financial behavior for the better?

There’s a time-bomb waiting in your IRA.Tax and IRA expert Ed Slott joins us today to share what the death of the Stretch IRA means for your retirement, and how the SECURE Act has made some big changes to the way your money is treated long after you’re gone

If you've had a toe in the stock market for more than a few years, you likely have grown increasingly giddy watching your profits pile up.But there's a flip side to the story: Eventually, you might need to share a lot of those gains with your partner.

If you've had a toe in the stock market for more than a few years, you likely have grown increasingly giddy watching your profits pile up.But there's a flip side to the story: Eventually, you might need to share a lot of those gains with your partner.

A possible third round of stimulus payments could come soon, with checks of up to $1,400 per eligible adult.But before the federal government issues those payments, it's worth reviewing how the first two rounds went.

The arrival of 2021, as welcome as it was, put a hard stop on most moves by Americans to lower their 2020 tax bills.The window for things like making charitable donations or taking capital losses to offset gains slammed shut on December 31.

But there are still a few things people can do now to cut last year’s taxes

Retirement savers need to pay close attention to their income tax filings this year because of pandemic-related changes to rules for required withdrawals.

Even in normal times, the rules for mandatory minimum withdrawals can be confusing, and are even more so this year because of a mash-up of tax changes and virus relief programs.If you get things right, you can avoid paying unnecessary taxes, financial advisers say.