Newsroom

IRA data released from the Joint Committee on Taxation revealing some mega-million dollar IRA and Roth IRA balances has set off alarm bells, with Congress citing shock and “abuse” and looking for something to do about this.But there is really no story here when you look at the numbers

F is for Fun.And we have a ton of fun today talking to Rob Phelan about his new children’s book M is for Money. He was inspired by reading with his own son and realizing there weren’t any books on the market that teach basic personal finance to kids

CPA and IRA expert Ed Slott joins host J.R.Whalen to explain the "Mega Backdoor Roth IRA Conversion," a little-known technique allowing people to make annual tax-free retirement account contributions above government-imposed limits

2021 is the last year your clients can use their retirement funds for unlimited charitable giving as a result of provisions in recent tax laws.

If you inherited an individual retirement account from someone who died after 2019, a recent change in federal tax rules could affect the manner in which you make withdrawals known as required minimum distributions, or RMDs.

Want your retirement planning to hit jackpot savings levels?Of course you do

Cryptocurrencies, among the world’s most volatile assets, are searching for mainstream acceptance in the investment world.Their next target: your retirement portfolio.

Financial services companies are rolling out new products and services that allow more everyday investors to add bitcoin and other virtual currencies to their nest eggs as a way of reaching for higher returns

Sometimes, it can seem like only rich people can benefit from the tax code.

Some ultra-wealthy individuals have amassed hundreds of millions — or even billions — of dollars in tax-sheltered Roth individual retirement accounts, according to a report released Thursday from ProPublica, an investigative news outlet.However, the strategy is generally available to anyone who wants to use it.

As a result of widespread job loss during the coronavirus pandemic, many suddenly-unemployed persons who dipped into retirement accounts are saddled with outstanding loans from company savings plans.Advisers can play a valuable role in helping these clients by understanding how the “loan offset” rules work, how the CARES Act affects loan offsets, and how offsets differ from “deemed distributions.”

Does your employer offer both a traditional and Roth 401(k) and does your employer allow you the opportunity to do what’s called an in-plan Roth conversion?That’s a tactic whereby you would convert some or all the money in your traditional 401(k) into your Roth 401(k)