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If a child is graduating with money left over in his Coverdell, but not yet earning qualified income, will this...

If one were to fund a (qualified) SPIA using some part (but not all) of the IRA money prior to...

Hi, My father earned large 6 figure 1099 income (for one time contractor work) in 2022 and passed away in...

Client turned 72 in September of 2022. Under current law she would be required to take her first RMD based...

client has Roth ira with bank in a CD. She wants out of the bank Roth cd and open up...

Question: Ed, I started reading your newsletter and I wondered what you thought of IRS Notice 2022-53. It made sense to me to the point where it said that "the beneficiary of an employee who died after the employee's required beginning date must take the RMD beginning in the first calendar year after the calendar year of the employee's death." But then in the end they lost me when it says it applies only if the employee died in 2020 or 2021. Seems like it should say 2022 as well.

According to the text of SECURE 2.0, the new “Applicable age” under Section 401(a)(9)(C) is: “(I) In the case of...

Hi all, This might be an easy one: We have a new client, widow in her 80s. Her husband passed...

As you may have read, Congress is considering passage of a $1.65 trillion spending bill that contains a number of retirement savings plan provisions. As of this morning (December 21), the bill has not been passed, and both houses of Congress only have until this Friday (December 23) to do so. If passed, President Biden is expected to sign the bill immediately.

An article posted on WSJ.com today states: “ Congress is on the verge of passing a bill that aims to...