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I know the IRS often uses “rollover” and “transfer” interchangeably, but my understanding is that: 1.) “Rollover” is properly used...

Background: I have a 73 year-old prospective client who would like to open and fund a traditional IRA. He’s single...

When you are planning, what does everyone use to estimate state taxes for your clients? I would like to automate...

Will an IRA QCD distributed for a client turning age 72 in October, 2021 count toward their 2021 IRA RMD...

As a member of Ed Slott’s Elite IRA Advisor Group SM, you have access to an abundance of content available...

Question: We had a client who died with no beneficiaries on his $500k 401(k). He wasn’t married and only 45 years old. His parents are disclaiming rights to the inheritance, so it’s going to his siblings. Is there any way these two siblings can stretch the retirement account into an inherited IRA? If so, what does that look like? Thanks, Patrick Answer: Hi Patrick, The siblings may still be able to use the stretch even after the SECURE Act eliminated it for most beneficiaries.

For several years, I understand that you could only move from a Simple account to another Simple for two years...

Coronavirus-related distributions (CRDs) are no more. Millions of Americans took advantage of the opportunity to make penalty-free withdrawals from their IRAs and 401(k) plans in 2020. But unless Congress resurrects them, CRDs are no longer available. Yet the economic damage caused by the pandemic is still very much with us. So, without CRDs, where do you turn for money to pay your bills?

My clients attorney is shortly entering into arbitration settlement discussions for age discrimination lawsuit that his prior employer now wants...

Hello – In light of the new RMD tables for 2022: 1. Is this at all relevant for a non...