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It’s no secret that millennials and other young workers today value technology in terms of helping them manage their financial affairs. However, the value that savers place on technology is not limited to young savers. In fact, Boomers are seeking out and incorporating technology into their financial lives at an increasingly rapid rate... a fact that numerous studies and surveys have found.

This week's Slott Report Mailbag looks into rollover IRAs and PLRs.

You are 70 ½ or older this year so you have a required minimum distribution (RMD). But, you don’t need the money or you don’t want to increase your income and pay more in income tax so you don’t want to take your RMD. What happens if you just ignore your RMD and do not take it?

Dear Alan et al, I have a client who has participated in a Simple IRA plan for more than two...

Fall is in the air and the holidays are just around the corner. For many retirement account owners, this means that an important deadline is approaching. Most of those who are 70 ½ or older will need to take a 2016 RMD by December 31, 2016. However, that deadline does not apply to everyone. If you are age 70 ½ or over, when would an RMD not be required to be taken from your retirement account by the upcoming December 31 deadline? Here are some exceptions that might apply to you.

1. This past week a tax bill was introduced into the Senate and placed onto the calendar that will have...

This week's Slott Report Mailbag looks into beneficiary IRA's with specific examples when over or under 70 1/2 years old with QCDs, RMDs as well as pre and post tax contributions.

Hello, Client, 39, is sole owner and employee of his company (S. Corp.). He has a 401(k)/Profit Sharing Plan in...

What is there to say that hasn’t already been said (10,000 times)? The election of Donald Trump to be our next President shocked the pollsters, the American public and, by all accounts, even the President-elect himself. Reactions are obviously divided, to say the least, but one thing that has united most retirees, regardless of the side of the aisle that they sit on, is the question, “What does this mean for me?”

An IRA owner takes his yearly RMD split into 4 equal distributions in March, June, September, and December. He has...