Christine Benz: Hi, I’m Christine Benz from Morningstar. We’re coming into IRA season, and few people understand the ins and outs of IRAs as well as tax and retirement planning expert Ed Slott. He is here to discuss some mistakes and things to watch out for in the realm of IRAs.
Ed, thank you so much for being here.
If you didn’t put the maximum amount of money into an individual retirement account or health savings account last year, you still have about one month to do so for 2021.
The deadline for 2021 contributions is April 18, 2022, the same day individual tax returns are due.
Christine Benz: Hi, I’m Christine Benz from Morningstar. The backdoor Roth IRA was reported to be on the chopping block, but it’s lived to see another day. Joining me to discuss what you need to know if you’re considering a backdoor Roth contribution is Ed Slott. He is a tax and retirement planning expert.
Ed, thank you so much for being here.
It used to be that Americans with tax-favored retirement plans focused mainly on how to get money into them.Now, savers are more and more concerned with when and how much must be withdrawn—including at death or after.
Christine Benz: Hi, I’m Christine Benz from Morningstar. Required minimum distributions have gotten a little bit trickier in 2022. Joining me to discuss what you need to know is tax and retirement planning expert, Ed Slott.
A lot of inherited IRA owners are in for a surprise.In a switcheroo, the Treasury Department has reinstated annual required minimum distributions for most folks who’ve recently inherited Individual Retirement Accounts, according to proposed regulations released late last month that interpret the 2019 retirement law known as the SECURE Act
NEW YORK, Feb. 24, 2022 /PRNewswire/ — “Ed Slott’s Retirement Freedom!”, a new public television special that educates viewers on key retirement savings strategies to have more, keep more and make their money last, is now airing on public television stations throughout the country. Those who wish to tune in should check their local listings in their area.
Tax time has rolled around again, and tax and IRA specialist Ed Slott of Ed Slott & Co.has plenty of advice for advisors
