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As you prepare your 2017 tax return, use the information you collect both to make the best IRA contribution choices for 2017, and to plan IRA strategies for 2018. Here are six ways to consider:

Good morning, I have a client who will turn 70.5 later in 2018, and retired in 2017 from her company...

This week's Slott Report Mailbag answers readers' questions about profit sharing plans and RMDS and SIMPLE IRAs.

Spouse died in 2009 at age 62 when his wife was 73. He had a converted his traditional IRA to...

It has been widely reported that the Tax Cuts and Jobs Act eliminated the ability to recharacterize Roth IRA conversions as of January 1, 2018. On the other hand, it kept the ability to recharacterize IRA and Roth IRA contributions. Despite all of the above, an unanswered question on Roth IRA conversions done in 2017 lingered. At the time of those conversions the taxpayer had the ability to recharacterize the conversion up to October 15, 2018. Was that option still available to them?

If a company chooses to switch to a 401k from a SIMPLE does each individual participant have to wait 2...

The Tax Cuts and Jobs Act made sweeping changes to the tax laws. Brackets have been changed, deductions have been eliminated, and retirement plans have been affected. You may be wondering what the new law means for your IRA. Here are 5 things you need to know.

I am hearing about a “mega” back door ROTH IRA. As I understand it you are allowed to contribute a...

I inherited a small traditional IRA in 2017 from my mom, who had already started taking RMDs. I took her...

A 401(k) participant knows that he can roll any after-tax contributions to a Roth IRA but now has asked me...