Site search

With individuals living longer, more and more are considering a Roth conversion after age 70 1/2. Beverly DeVeny takes you through the 4 steps you must follow to properly execute the Roth conversion after the key required minimum distribution age.

If you made a traditional IRA contribution for 2014, you should have reported it to the IRS. But what if you forgot? You should still report to to the IRS. Here's why.

Check, double check, and then, maybe, check again. When you are moving retirement funds, make sure they are going to the right account. We have heard so many horror stories through the years. Here's just a few "do-not-do-this" examples.

Taking your correct required minimum distribution (RMD) ... it sounds so easy; you just divide the balance of your IRA at the end of last year by your IRS-provided life expectancy factor. What could possibly go wrong? The answer: a lot, an awful lot. Read on for seven RMD mistakes you should avoid at all costs.

When a married couple gets divorced, IRAs can be divided as a result. So, if you’re in the middle of a divorce, you should know that some or all of your IRA can be awarded to your ex-spouse. The process is similar to how some of your other assets are divvied up, but there are major differences and special rules that apply when you’re dealing with an IRA.

In a way, it is now a new year for IRA contributions. You can no longer make IRA or Roth IRA contributions for 2014 (we warned you about the deadline). Here are 12 things to know about 2015 IRA contributions.

Can an inherited IRA qualify for a QLAC (qualified longevity annuity contract)? Can I use my Roth IRA to pay for my grandchildren to go to college? These questions and more are answered in this week's Slott Report Mailbag.

One of the most common questions retirement savers ask is, “Where should I be saving for retirement? Should I be saving in my employer’s plan? An IRA?” While there’s no one-size-fits-all answer to these questions, IRA Technical Expert Jeffrey Levine implores you to take advantage of "free" money.

By the time you read this blog, April 15, 2015 might have passed. If not, you’re in luck - you still have time to make a 2014 Traditional or Roth IRA contribution. How much time do you still have?

A taxpayer went to IRS with the plea that the 60-day IRA rollover period came and went without activity due to her financial instability during a time of employment insecurity and other stressful experiences. What was IRS' response to the request for more time?