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The tax and retirement expert discusses whether to expect an extension of the 2017 Tax Cuts and Jobs Act and strategies to benefit from low tax rates.

“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.”

There is still time to make individual retirement account (IRA) contributions for 2024. Sarah Brenner, director of retirement education at Ed Slott & Company, joins Brad Smith on Wealth to break down what taxpayers need to know before the April 15th contribution deadline.

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.

Health savings accounts are a powerful wealth accumulation vehicle. They are one of the few account types with a triple tax benefit — tax-free paycheck deferrals, no taxes on account growth and no taxes on withdrawals for qualified medical expenses.

Discover the optimal timing for qualified charitable distributions (QCDs) and required minimum distributions (RMDs) to ensure you make the most of your charitable giving and minimize your tax liability.

The IRS’s new RMD rules are set to impact many IRA beneficiaries in 2025. Learn how this change could affect your inherited IRA and how to plan accordingly.

Retirement and tax expert Ed Slott breaks down his tips on year-end retirement planning and changes to missed RMD penalties.

Year-end tax planning tips usually zero in on what advisors should be telling their clients to do, but IRA and tax expert Ed Slott of Ed Slott & Co. is offering some advice to advisors this year on what their clients shouldn’t do.

With the imminent return to the White House of Donald Trump, the tax outlook is coming into focus. And the nation’s wealthiest taxpayers, who were facing a halving of the lifetime estate and gift tax exemption (currently $13.6 million) at the end of 2025, may have dodged a bullet.