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Client had a 401(k) with former employer which included some nondeductible after-tax contributions. Former employer tracked the value of that...
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This week's Slott Report Mailbag includes questions about placing an IRA in a trust, what to do with 401(k) funds from a previous employer and the nuts and bolts of the Roth IRA 5-year rules.
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new client, 88 years old, has inherited IRA from newly deceased spouse, whom RMD had started. Concerned about the tax...
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As you are probably aware by now, the stock market has been on a bit of a downturn as of late (to say the least). It’s no fun to lose money in the market, but if you’re investing for the long haul, losses are bound to happen from time to time. If you’re quick on your feet, however, you can turn the proverbial lemons into lemonade by taking actions now to make the most of a bad situation. Here's how.
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I have a client, age 52,with income too high to directly contribute to a Roth IRA. So I did a...
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Have you seen or read those ads for putting gold in your IRA? They make it sound so easy. And that's the problem. In this article, we discuss the potential pitfalls and how to properly invest in gold with your IRA.
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From the left column of page 5 of Publication 560 (for 2014): “For SIMPLE plans, net earnings from self-employment is...
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If you are an IRA owner looking for the best investment option, there are new rules in 2015 that you will want to know before moving your IRA. If you make an error in your effort to maximize the return on your IRA, you may end up with your entire IRA being distributed and taxable to you.
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My goal is to “stretch” our IRA accounts over the beneficiary’s life expectancy; in this case, for minor children. Is...
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60 yr old starts converting part of TIRA funds to Roth annually on 1-1-2016, does each conversion have its own...
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