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Client is rolling over funds from a retirement plan that include three buckets of funds – pretax deferrals, Roth, and...

On 1/6/22 there was a question/answer posted on https://irahelp.com/slottreport/10-year-payment-rule-and-2022-post-death-required-minimum-distributions-today%E2%80%99s-slott Q:Has the IRS clarified the 10-year rule on inherited IRAs? Do...

It used to be that Americans with tax-favored retirement plans focused mainly on how to get money into them. Now,...

Question: Ed, I read your 2/28/22 Slott Report on the updated SECURE Act information for non-eligible designated beneficiaries (non-EDBs) that requires annual RMDs to continue if the original owner was taking them prior to his death and also requires the account to be emptied by the end of year 10.

Alan, Background: Retiree turns 72 in 2022. At the end of 2021, he has the following qualified accounts: 401K: $500K...

Roth IRAs have always been a great retirement savings tool. While pre-tax retirement accounts allow tax deferred savings, a Roth IRA promises tax-free benefits. They allow you to receive years of earnings in retirement without tax consequences. Those tax-free distributions also have the side benefit of not increasing stealth taxes such as IRMAA surcharges and taxation of Social Security benefits.

A client’s husband died in early 2012. His state pension agency is only now is distributing his defined contribution plan...

I’ve been knocking this around in my head for the last 24 hours, and I can’t seem to land on...

We have a client that took a distribution of $150,000 late January from his IRA. This represented his entire RMD...

Taxpayer has not yet filed her 2021 tax return. Taxpayer left job and took another job in 2021. She overcontributed...