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My first RMD was in 2024 and had an issue with TurboTax.. I put in my RMD as (let’s say)...

Handouts Course Manual Are you ready to take the next step and join Ed Slott’s Elite IRA Advisor Group? Learn...

I am considering a Net Unrealized Appreciation election on my company common stock that I have currently in a 401K....

We have a client (widow) who is a US citizen living in Scotland. She is married to a UK citizen...

Looking for clarification. If a client dies before satisfying their current year RMD, the beneficiaries will have to satisfy the...

No Choice in the Matter: IRS Issues Guidance on Mandatory Roth Catch-Ups

• Which Plans and Catch-Ups Are Affected?

Sometimes we get stuck in traffic, or a highway is closed, and we are forced to find an alternate route. I’m not talking about driving across someone’s front yard or going the wrong way on a one-way street. Think side roads and legal detours. While a main road may be blocked, that might not be the only way to reach your destination. The same holds true with certain IRA transactions. Here are a handful of creative “detours” that retirement account owners may be forced to take in order to reach their intended goal.

When do I report earnings on Nondeductible IRA that has already been converted to Roth IRA? I made a nondeductible...

A client has a 401k balance of $1 million. Included in this $1 million balance is an after-tax contribution balance...

Question: Dear Ed Slott and America’s IRA Experts, I have a rollover traditional IRA that was set up when I left my last job. I am no longer employed, so I don’t have any earned income. My husband works full time, and our filing status is married filing jointly.