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SEP and SIMPLE IRAs… IRAs? Employer Plans? Or Both? Do Roth IRA Conversions For High- Income Clients Make Sense? • Contribution Limits • Contributions after Age 70½ Allowed • IRA Contribution Deadline • SEP IRA Contribution Deadline • SIMPLE IRA Contribution Deadline • RMDs at Age 70½ Even if Still Working • Aggregating RMDs • Bankruptcy Protection • Creditor Protection in Non- Bankruptcy Situations • Taxation of Distributions • SEP and SIMPLE IRA Documents • Form 5498 Reporting –

The 5 biggest retirement mistakes - miscues that can cost those saving for and nearing retirement - have nothing to do with investing! I sat down with TheStreet.com to discuss what I believe are the five biggest retirement mistakes people make with their retirement accounts.

client had IRA and passed away this year in Feb 2015. She did not take her 2015 rmd. The two...

FACTS: RRSP owner left in Canada but is now a resident of the US with no intention of returning to...

This week's Slott Report Mailbag, proudly sponsored by GoldCo Precious Metals, delves into more common IRA questions. Can you put your future retirement home in your IRA? Can you make an IRA contribution for a deceased person in their year of death? When can you take money out of your Roth IRA? We have the answers below.

Giving another person the ability to make significant financial decisions and/or take actions on your behalf is not an easy thing to do. That said, various situations may arise where you no longer want to, or are able to, manage your own finances. In such cases, you want to make sure someone else can act on your behalf. We lay out 3 questions to ask when preparing a power of attorney for an IRA.

A client’s mom passed away 3 years ago with 400k in a traditional IRA that is invested in conventional mutual...

Can someone verify if this is right. My assumptions are the client is over age 50 and the company doesn’t...

A taxpayer was recently given bad advice by his CPA of two decades. In a just released private letter ruling (PLR), "Tom" was given an extension to complete an IRA rollover due to advisor error. Don't make this same mistake.

Decedent and surviving spouse were/are under 59 1/2. The client needs some extra income but do not want to place...