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Is it possible to transfer assets from Roth IRA ( after five years ) to irrevocable Trust and give it...

Surprisingly, the rules governing what happens when an ex-spouse acquires a Roth IRA after divorce are unclear. There are no specific directions in the Tax Code or in the regulations. However, there is definitive guidance for a spouse who inherits a Roth IRA due to death. It makes sense to look to these rules after death for direction on how to process a Roth IRA transfer after a divorce. Of course, with no definitive route, this is only speculation until the IRS provides a roadmap.

I reopened an empty, dormant TIRA account by making a contribution in 2020. Shortly thereafter, I converted the entire contribution...

IRA owner wants to split IRA into separate accounts for multiple beneficiaries of different classes (two DBs and one EBD)...

I had Etrade Securities take a MRD from my traditional IRA (March 2020) before I learned that the CARES Act...

We have a client who is 72, still working full-time, participating in the 401(k) plan, not an owner of the...

I have a scenario where after researching at length at my options for dealing with a excess ROTH contribution, I’m...

Taxpayer made a non-deductible IRA contribution in 2009. Did not file form 8606. 10 years later, made another nondeductible contribution...

Hi , I am 28 and just starting my Roth IRA.I currently live in Austrlai so we dont have a...

I manage my 95-year-old mother’s taxes and finances. She has her IRAs with Vanguard and several years ago we set...