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This week's Slott Report Mailbag looks into direct rollovers, Notice 2014-54, the pro-rata rule and NUAs.

I would like to know if it is possible to do the following:1. I am retired and 59 years and...

As with most IRA rules, there are exceptions to the once-per-year rollover rule. The rule applies to IRA-to-IRA and Roth IRA-to-Roth IRA 60-day rollovers. Just to be clear, an IRA rollover occurs when a check is issued by the IRA or Roth IRA custodian that is payable to the account owner. The following are the exceptions.

35 yr old client contributes an extra $35k to his 401k with after tax doilars. his plan allows for in...

The once-per-year IRA rollover rule sounds pretty easy to understand. You may only do one IRA-to-IRA (or Roth IRA-to-Roth IRA rollover) per year (365 days). However, there are many ways it can go wrong. Consider the following two scenarios. One involves multiple distributions and the other involves multiple rollover deposits. One is ok and the other is not.

Background: father left a Roth Ira with no beneficiaries in 2014. Roth goes to estate per trustee. Prenup was in...

If a spouse inherits an IRA from their deceased spouse and the IRA was incorrectly titled as an inherited IRA...

This week's Slott Report Mailbag looks into 60-day rollovers, IRA withdrawals, and NUAs.

Basis in an IRA
• Basis in an IRA
• What is Basis in an IRA?
• Distributions of Basis
• Tracking Basis in IRAs and
Roth IRAs
• Establishing Basis After the
Fact
• An Easier Way to Reconstruct
Basis
• Basis in Employer Plans
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