Site search

Client’s mother passed away in 2019. Trust is named as beneficiary for IRA’s and 403b. After checking with current custodians...

A backdoor Roth uses a traditional IRA with after tax contributions. I have read on several reputable web sites the...

Question: Hello, Can you still recharacterize a Roth contribution (due to income limits) to a Traditional IRA and then subsequently convert the IRA back to a Roth in the same year? Will this conflict with the new law that prohibits undoing a Roth conversion? Thanks you for your help,

America’s IRA Expert Updates Best-Selling Book, Offers Special Year-End Planning Guide

Bob is 40 years old. He is a single tax filer, participates in a 401(k) at work, and makes a healthy annual salary of $160,000. Bob has consistently contributed $5,000 each year to his Traditional IRA for 5 years ($25,000 total). However, Bob could not deduct any of the contributions because he has always been over the phase-out range for tax filers covered by a company retirement plan.

I have a client wanting to start a 72t ira distribution for tax reasons. Retired early and wants to begin...

I’m 68 years old, married (spouse 60) with bulk of retirement in traditional IRA accounts. Pension and interest income $40,000....

I feel like there is a Q&A on this, but I can’t seem to put my finger on it: IRA...

Looking for guidance on starting my 72t plan. I am 42 years old and my birthday isn’t until July 14th....

Hello, we have a client who has begun doing $10,000 Roth conversions annually, which he plans to continue. These are...