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Inherited IRA

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

July 2017

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
Forum

trusteed IRA

I have a client with a $1 million IRA, he wants to make a trust beneficiary. The money is to...
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The High Cost of IRA Mistakes

So you think you don’t need/can’t afford an advisor? Have you considered the cost of making IRA mistakes? Even seemingly simple transactions are subject to rules and restrictions under the tax code. Did you contribute too much by mistake? This mistake cannot be corrected by simply withdrawing the excess amount. There are rules on how to fix the mistake. If you are not thoroughly familiar with the IRA rules, it is all too easy to make a mistake, and mistakes can be very costly.
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Forum

NUA Eligibility

We have a client who is considering an NUA distribution out of his 401(k) – cost basis on the company...
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