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The situation is as follows: Traditional IRA funded with after-tax contributions Old 401(K) plan with former employer funded by pre-tax...

Are you self-employed or a small business owner and your business expenses go on your individual tax return? If so, and you have an extension for filing your 2014 federal income taxes, you may want to consider making a SEP contribution for 2014. It is not too late! Here is how it works.

Question on NUA and after-tax contributions. We recently initiated a rollover from 401K to an IRA. The 401K contained 800K...

48 year old Spouse of 48 year old decedent rolls decedent’s 401k into an inherited IRA in 2014. Can Spouse...

In most cases, an IRA owner who names a trust as the beneficiary of their IRA names either the spouse or a child as the trustee of the trust. This may not be the best option, especially if they cannot answer the following 15 questions.

This week's Slott Report Mailbag answers questions on an IRA beneficiary's tax responsibilities, distribution procedures for employer retirement plans, and tax implications on a Roth IRA beneficiary's distributions.

For a variety of reasons, you might be considering naming a trust as your IRA beneficiary. If that’s the case, then chances are that you have questions about how, exactly, that would work. One of the most common questions people have when they name a trust as their IRA beneficiary is, “Who will pay the tax on the inherited IRA distributions? The trust, or the trust beneficiaries?” We answer that question in this article.

Are you retired and taking required minimum distributions (RMDs) from your traditional IRA? If you don't need the RMD money to live, there's a surprising suggestion that would help save for a child's education expenses.

Client (age 65) of mine has $1 Million in 401k consisting of the following: Pre-tax $800,000 After-tax $120,000 NUA stock...

Trying to do some planning for a client. Deceased left small IRA account to several non-spouse beneficiaries, all under age...