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Indvidiual turns 59.5 in later part of 2023. Can he take TIRA distribution anytime in the year 2023 and be...

Suppose IRA Owner dies at age 74, after RBD. IRA is left to a trust that *could* be deemed a...

A 71 year old retiree has after-tax funds in his 401k that he would like to rollover into a Roth...

Lifetime required minimum distributions (RMDs) start in the year when an IRA owner turns 72. (Technically, the “required beginning date” for RMDs is April 1 of the year after a person turns 72.) Once begun, RMDs must be withdrawn annually on a calendar year basis. If you miss an RMD, the penalty is steep – 50% of the amount not taken.

– IRA account owner dies at age 65 in 2017 – Non spousal beneficiary age 69 inherits account and funds...

If someone (non-spouse, non-estate) inherits an IRA two months after turning 72 years old, is the stretch option available? This...

Question: When converting an IRA to a Roth IRA, do the investments (stocks, bonds, ETFs, etc.) have to be sold or can they be transferred directly from the IRA into the new Roth account?

Very complicated situation, a lot to unpack: My client’s father died in 2013. Estate has been settled and closed for...

Are you nearing retirement age and not looking forward to taking unwanted required minimum distributions (RMDs) from your retirement account? You may be looking for a strategy to delay those distributions. The “still working” exception allows RMDs to be delayed. Will this exception help you? Here is what you need to know.

I apologize if this has been covered before, but I couldn’t find it. I am 72 years old, and I...