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Recently your associate, Sarah Brenner published in her newsletter that under today’s potential for tax law changes, it may be...

Hello, I’m in a somewhat complicated situation with my contribution this year and would appreciate any advice on the situation....

Hi, I have a questions I am hoping someone can answer for me. I did a 401K In-plan Roth conversion....

I have a client who died in 2020 who was 68 at the time and left her IRA to 2...

It’s hard to keep up with the news out of Washington these days! We have been getting a ton of questions on how the new tax proposals recently passed by the House Ways and Means Committee would impact Roth conversions. Here is the rundown.

In 2020 we set up solo 401K for client who is sole proprietor (files schedule C). Client filed extension for...

I have a 75 year old client still working for the USDA who is rolling money over from his thrift...

Hi, I have a married couple that are clients. Both opened and funded their first Roth IRA with a 2018...

When rolling over after-tax 401K funds to a Roth IRA, does the pro-rata rule apply If a client already holds...

Congress designed 401(k) plans as retirement savings vehicles – not as checking accounts. So, there are restrictions on when employees can make “in-service withdrawals” (i.e., withdrawals while still working). It’s important to remember that while 401(k) plans must abide by these withdrawal rules, plans are free to impose even more restrictive rules. So, you’ll need to check your plan summary or ask your plan administrator or HR rep for the particular withdrawal rules that apply to you.