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Permalink Submitted by Douglas Bauerband on Wed, 2024-06-19 20:14 Wow they do not make it easy. She (his mom) was 75 and taking...

A client who’s the owner of a traditional IRA is requesting a “customized” beneficiary designation for his IRA.  Currently his...

Vanguard recently announced that it will no longer be offering SIMPLE IRA plans, and that, instead, it is transitioning all...

You have been contributing to your IRA for years. The market is up, and you are watching those investments grow. Maybe you have rolled over funds to your IRA from your company plan. You may now have a significant balance. So far, you have taken smart steps toward a secure future. Don’t stop your careful planning there. 

Looking for feedback on SIMPLE IRA contribution deadline. Typically, salary deferals need to be made by January 30 (30-days after...

It is perfectly acceptable for a person to participate in multiple work plans in the same year (even at the same time). For example, a 401(k) and a SEP. Or maybe a 401(k) and another 401(k). However, care must be taken to follow IRS contribution limits and other guidelines. Unfortunately, people try to circumvent these rules all the time.

Client’s mother died in 2023 and left daughter as beneficiary of her IRA.  Daughter is a non eligible designated beneficiary.Has...

I am 55 yrs old will be 56 in July, my wife is 55 and will turn 56 in June. ...

Referencing a May 23, 2024 article, TRUSTS AS A BENEFICIARY AND QUALIFIED CHARITABLE DISTRIBUTIONS: TODAY’S SLOTT REPORT MAILBAG, by Andy...

QUESTION: At age 80, after I take my required minimum distribution (RMD), can I then do a rollover from my...