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Scenario: Husband unemployed, wife makes 250k and is covered by a plan at work. Therefore, husband cannot do a Roth...

Are there any requirements that a 401k participant must take the RMD from the 401k before processing a rollover to...

Information in the May 2014 issue of Ed Slotts'” IRA Advisor” from the excerpts of Micheal Jones book, “Inheriting an...

One of the most common Roth IRA questions I'm asked is, "Should I make a Roth conversion?" While Roth conversions can make sense at any age, depending on your particular circumstances, generally speaking, the younger you are, the more it makes sense. In this article we go over 3 reasons to wait until you retire to make a Roth conversion.

An issue we recently discussed with a financial advisor highlighted the rule that there are two separate parts to a SEP (Simplified Employee Pension) plan. If both parts of the SEP are not executed, then severe tax consequences can result to both the employer and any eligible employees. We detail the two parts of a SEP IRA below.

a. what is the gift tax for 2014? 14k or $14,500 b. if a person gifts to his family this...

Hello. Have a client who passed away before his RBD (DOD = 02/24/2014, RBD = 04/21/2014), but he elected to...

Good Afternoon Interesting scenario – Assistance requested with the following: individual worked for a large University – participating in a...

I have a new client who back in 2009 rolled over his entire 401K balance into his self directed IRA....

I think the following are correct: Minimum distributions from qualified plans don’t have to commence for non-owners over 70 1/2...