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Have you inherited an IRA? What type of IRA is it? Your answer will matter a lot when it comes to your tax bill. Inheriting a traditional IRA will have very different tax consequences than inheriting a Roth IRA.

What is the rule for rolling after tax contributions from a 401k plan to a Roth. From what I can...

My client will be retiring from the government in December 2017. He will need to take his “first” RMD before...

Generally, when you receive a check from your IRA custodian or employer plan, you have 60 days to rollover the funds to another retirement account, either an IRA or an employer plan. As with most retirement plan rules, this rule comes with two exceptions – one good and one bad. Let’s look at what happens when Lori receives a check.

I completed a 401(k) rollover early in the year for a retired employee. The 401(k) distribution included 2 checks,a pre-tax...

Retired client has $1.7m remaining in 401k. $200k of it in Roth 401k and $400k of it is after tax...

I am contemplating distributing my Roth IRA to my children using gifts less than the $ 14000. maximum this year...

I’ve spent a lot of time looking today but didn’t find anything, so hoping someone can help. Anyone have a...

The once-per-year rollover rule says that you can only roll over one IRA distribution from all of your IRAs (both traditional and Roth) in a one-year period. This is a tricky rule and many taxpayers have run into trouble with it. One area that can be very confusing is determining exactly what the definition of “year” is.

Good morning, We have a client who purchased 72,500 units in a privately held company, in November 2015, with $200,000...