Set on selling stocks amid the coronavirus crisis? Consult this checklist first
"You don't really have a loss until you sell," said Ed Slott, a certified public accountant and retirement-plan expert."Often the worst thing to do is sell out of fear."
"You don't really have a loss until you sell," said Ed Slott, a certified public accountant and retirement-plan expert."Often the worst thing to do is sell out of fear."
America's IRA Expert to Answer Consumers' Retirement and Tax Planning Questions in New AARP Column
NEW YORK, March 5, 2020 -- Ed Slott, CPA, nationally recognized IRA expert, founder of Ed Slott and Company, LLC and creator of www.irahelp.com, has been named a columnist for AARP, the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age.Through the monthly online column, Slott will provide direct advice and insight to consumers' most pressing questions as they relate to traditional and Roth IRA and 401(k) plans, required minimum distributions (RMDs), tax and retirement planning strategies and more
“You could take little crumbs out, and let it grow tax-deferred over decades,” said Ed Slott, a certified public accountant and I.R.A.expert in Rockville Centre, N.Y
Financial Professionals are Encouraged to Attend Next Workshop in Nashville on July 9-10
NEW YORK, Feb.25, 2020 -- With new retirement planning laws in place, the demand for education among financial professionals is higher than ever
IRAhelp.com's Ed Slott joins our hosts Sandy Block and Ryan Ermey to explain how the SECURE Act could be impacting your retirement plans.
America's IRA Expert Recognized as a Visionary, Shaping and Transforming the Financial Advice Profession
NEW YORK, Feb.4, 2020 -- Ed Slott, CPA, the nationally-recognized IRA expert, founder of Ed Slott and Company, LLC and creator of www.irahelp.com, has been named a 2020 InvestmentNews Innovator
Congress passed important retirement legislation just before the holidays that has sent financial planners and tax professionals scrambling, because the law's impact on people with significant retirement savings is nearly immediate.
"The law simply says you must take out the money after 10 years," notes Slott."Your heirs could simply leave the Roth alone for 10 years and let the assets grow tax-free--and then take a lump sum
"Enjoy your money," Slott said."Otherwise, the government is going to enjoy it more than you."
“That child is getting that money at a point in time when he or she is probably in their highest earning years,” says Ed Slott, founder of IRAHelp.com, based in Rockville Centre, New York.