Forum
I might be losing it ð I thought I read somewhere that when one opens a Traditional IRA (non-deductible) with...
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This week's Slott Report Mailbag looks into calculating RMDs with multiple beneficiaries and inheriting IRAs.
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Both husband and wife are past the 70 1/2 age and have been taking RMDs. Younger wife inherits the husbands...
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The Roth IRA rules can be complicated. One area that is especially complex is understanding how the 10% penalty applies to converted Roth IRA funds. Here are five things you need to know if you already have converted funds in your Roth IRA or if you are just trying to decide whether Roth conversion is the right strategy for you.
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A wife inherited her husband’s 401(k) at Fidelity. The account is apparently registered as a beneficial 401(k) – NOT an...
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This week, Ed and I (Jeffrey Levine) are in Las Vegas for the first ever AICPA Engage Conference. Engage has taken some of the biggest (and in my humble opinion, best) AICPA conferences, such as the Advanced Personal Financial Planning Conference and the Advanced Estate Planning Conference, and merged them into one giant conference.
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This week's Slott Report Mailbag looks at converting a traditional IRA to a Roth IRA, as well as making Roth contributions in the year of retirement.
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Forum
We have a client that is taking an in-service distribution from his 401k, the distribution will be a direct transfer-rollover...
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Catch-up contributions for most retirement plans and IRAs can be made beginning in the year you are going to turn age 50. The only plan that does not allow catch-up contributions is the SEP IRA. The following are the catch-up limit amounts.
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Forum
What happens when you have a parent who had a non-qualified annuity and they die with their non-spouse beneficiary electing...
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