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Dear Mr. Slott, I wish to make my RFT the beneficiary of my Roth, which has a boatload of money....

The example and answer below is from a prior inquiry I made to this forum in late April of ’23. ...

Question:I have a general question regarding the 10-year time frame for emptying an inherited IRA. Your guidance says that the deadline is the END of the tenth year following death. In this specific situation, the death occurred July 9, 2020, so I believe the deadline is December 31, 2030, the end of the tenth year.

I’m hoping to get some clarification on what RMD table a surviving spouse would use when she is named as...

Markets continue to climb. That is good news for your retirement account. However, there is a downside. When you contribute to a traditional IRA or a pre-tax 401(k), you make a deal with Uncle Sam.

My husband & I both have IRA accounts. Husband age 71    IRA balance $1,000,000 Wife age 67    ...

Hello, Background: We have a client who just reached RMD age (turned 73 in 2024) and prefers that his future...

We have a client who decided to do back-door Roth’s on their own. The problem is they funded the Roth’s...

‘Tis the season for identifying and correcting excess IRA contributions. It seems as if every other recent inquiry is about this subject. To keep readers on the straight and narrow, here are ten details about excess IRA contributions and the correction process…