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Scenario: Husband has a PSP in 2013; advisor at that time tells him to transfer plan assets to a new...

I have a client who, on 1/30/2013, made a $6,000 prior year contribution for tax year 2012, to their Roth...

As we approach the April 15, 2014 tax filing deadline, one of the things you have to report on your tax return is an IRA-to-IRA rollover. Whether you’ve already filed your taxes for 2013 or you’re waiting until the last minute, here is how to correctly report a tax-free IRA-to-IRA rollover. Don’t assume that because an IRA-to-IRA rollover is tax-free that it doesn’t need to be reported on your tax return; it has to be reported!

I have two Inherited IRAs (both from the same deceased non-spouse). I was a 50% beneficiary. They had cost bases...

I have two Inherited IRAs (both from the same deceased non-spouse). I was a 50% beneficiary. They had cost bases...

SUBJECT: ROTH Recharacterization QUESTION: When a ROTH contribution is required to be recharacterized to a nondeductible IRA, do the earnings...

In a recent 60-day rollover private letter ruling request, an individual was allowed to complete a rollover of only a portion of his IRA distribution. Click to find out what happened.

I have a client who does not work but his wife does. He has contributed $3,000 to an IRA every...

FAYE: • DOB: 8/15/1943 • Married to Harold • Harold’s DOB: 8/6/1942 DOD: 10/10/2013 • Harold took his RMD in...

You can't just contribute to an IRA if you have extra money lying around and don't work. It's a fact that many Americans aren't aware of, and it's one that came up in this week's Slott Report Mailbag. We also examine the ability to recharacterize part of a Roth conversion more than once and the process for establishing IRA annuities.