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Hello, Thank you for your help in advance. I have a 60 yo business owner client who is looking to...

On April 14, we reported that the IRS was apparently interpreting the SECURE Act's 10-year payout rule in a surprising way – to require annual required minimum distributions (RMDs). Now, the IRS has made it clear (without actually saying so) that its prior interpretation was a mistake. The SECURE Act changed the payout rules for most non-spouse beneficiaries of IRA owners who die after 2019. Those beneficiaries can no longer use the stretch IRA. Instead, they are subject to a 10-year payout rule, which requires the entire IRA to be paid out within 10 years of the owner’s death.

I am 76 My Wife will be 72 this year. We both have a RAT(retirement asset trust) set up with...

I have a client age 56 1/2 who has a vacation rental property that is in his solo 401K. It...

Client is age 70 and just retired. She has a 401k with both pre-tax and after-tax funds. She has at...

With the passage of the SECURE Act, once common IRA beneficiary planning strategies have been upended. For example, no longer can just anyone stretch payments on an inherited IRA. You must qualify as an “eligible designated beneficiary” (EDB) to stretch using your single life expectancy.

I was looking at the revised Pub 590-B for the first time today, and was grateful to see that the...

I have a client where I found out that he is going to be over the limit to make a...

If someone is using the backdoor roth / conversion strategy but in the year they retire they roll their 401k...

Good afternoon, I inherited a Thrift Savings plan and rolled it into an inherited IRA last year with Tiaa. I...