Site search

Solo 401(k)s — in addition to company 401(k)s — can help clients save additional retirement money on an after-tax basis,...

Say you started with $40,000 in before-tax contributions to non-Roth IRAs and another $10,000 in after-tax contributions to other non-Roth...

Hi, I was hoping the wisdom of the crowd could assist with a question I have. Situation: Friend 1 passed...

Hello All, My ex-husband had several IRAs with his Estate listed as his beneficiary. He died in 04/2021 and left...

I’ve attended many of Ed’s presentation over the years and have always enjoyed them. I have a unique situation at...

In the August 16, 2021 Slott Report, we showed that someone participating in a 401(k) plan through a “regular” job could also establish a solo 401(k) plan through a side job and potentially contribute up to $58,000 this year in after-tax contributions to the solo plan. However, this only works if the company sponsoring the regular 401(k) plan and the entity sponsoring the solo 401(k) (e.g., a sole proprietor) are considered unrelated under IRS rules.

1.) A 72(t) was commenced in Nov. 2017 using the fixed amortization method. In the initial stub year of 2017,...

I am struggling to find an answer to my situation. My wife’s 82 year father passed away about 6 years...

Recently, I had a conversation with an advisor who wanted a second opinion. He disagreed with how a 401(k) custodian was handling his client’s required minimum distribution (RMD). To arm himself with facts, the advisor contacted us so he could push back on that custodian.

Christine Benz: Hi, I’m Christine Benz from Morningstar. For charitably inclined older adults, a qualified charitable distribution often beats making a...