“This self-certification process is not a get-out-of-jail-free card,” says Andy Ives, an IRA analyst at Ed Slott & Co. “The IRS could still refuse the late rollover if it determines there was a violation of the rules.”
NEW YORK, Sept.25, 2025 — Ed Slott and Company, LLC, widely recognized as “America’s IRA Experts,” today announced the launch of its first direct-to-consumer education campaign with new resources to help retirees and pre-retirees protect savings from unnecessary taxes and make more informed decisions with their advisors
Since the wage limit looks back to the previous year at the same employer, new employees could get a free pass from the mandatory Roth requirement in the first year or two, said Ian Berger, an individual-retirement-account analyst with Ed Slott & Co. in Rockville Centre, N.Y.
The rules, originally set to take effect in 2024, apply to “those who had more than $145,000 (indexed) of prior-year W-2 wages from the employer,” IRA and tax expert Ed Slott of Ed Slott & Co. told ThinkAdvisor Tuesday. “If the plan does not allow Roth contributions (although most do), then these highly paid employees cannot make any catch-up contributions — pre-tax or Roth.”
With hundreds of provisions, the recently enacted One Big Beautiful Bill Act (OBBBA) is certainly big. That being said, OBBBA is not SECURE 3.0. Unlike the original SECURE Act and SECURE 2.0, OBBBA does not contain any direct changes to traditional IRAs, traditional 401k (s), or other retirement accounts.
With the extension of the low tax rates under President Donald Trump’s recently passed tax and spending legislation, the One Big Beautiful Bill Act, “most clients with larger IRAs should be looking at Roth conversions while rates will be low for at least the next few years,” advises Ed Slott of Ed Slott & Co.
Ed Slott offers clear, practical tax planning advice in his latest ThinkAdvisor feature. “Always pay taxes at the lowest rates — even if that means paying them sooner.” A valuable read for anyone focused on smart, long-term retirement strategy.
Ed Slott, CPA, shares expert IRA and tax planning insights on the Bogleheads® Live podcast with host Jon Luskin, CFP®.
Discover Roth IRA strategies from America’s leading tax expert, Ed Slott. In this exclusive interview, we break down the biggest retirement tax traps, how to avoid costly RMD mistakes, and why converting to a Roth IRA could save you thousands over your lifetime. Whether you’re nearing retirement or just want to minimize your future tax bill, this is your essential tax planning playbook. Learn how to keep more of your money—tax-free.
With the extended tax cuts under President Donald Trump’s recently passed tax and spending law, “Roth conversions should be accelerated to take advantage of more years of low tax rates,” according to Ed Slott of Ed Slott & Co.
