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Owner of a traditional IRA dies well after her RBD. Beneficiary of the IRA is Owner’s Living Trust. Trust meets...

I want to confirm my understanding of this limit in my wife’s situation: Age 65, did a TIRA to RIRA...

Client, trustee of a trust recently found out they were a beneficiary to an IRA,  Nonspouse beneficiary.  The decedent passed...

Community Property and Retirement Plans My IRA is Not Always Your IRA • Retirement Plans and Other “Stuff” • Community Property States • Determining Whether Community Property Rules Apply • How Community Property Works • When Do the Rules Collide?

There is a lot of information out there about how converting to a Roth IRA is a great move for younger people. This is no surprise. A younger person who converts may pay taxes on a smaller IRA balance and have years to accrue tax-free earnings in their Roth IRA. But what about older people? Older individuals should not overlook the potential tax benefits of converting later in life.

I was laid off from my employer of 29+ years 596 days short of being able to leverage the “year...

I am planning to do 401K LSD. My after tax balance in 401K exceeds the first year RMD. If I...

This week's Slott Report Mailbag answers a popular required minimum distribution (RMDs) question - can my sister take the inherited IRA RMD for both of us? - and another consumer's inquiry on Roth conversion tax reporting.

In Ed. Slott’s book I read somewhere that you can name a beneficiary and if the beneficiary (for example your...

Greetings from the 2016 AICPA National Advanced Estate Planning Conference! Having presented the last of my three sessions here on Monday evening, I’ve been enjoying the rest of my time by meeting many CPAs and other professionals here, as well as attending a host of excellent sessions. One session which I particularly enjoyed was presented by Anne Coventry and Karin Prangley, and covered the latest developments in the area of digital estate planning. That may not seem very important to you at first glance, but the reality is that it could be VERY important. And that importance is only likely to grow in the coming years.