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IRA Beneficiaries

My clients often list the spouse as primary beneficiary and ‘all my children in equal shares’ as the contingent beneficiary....
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Disadvantage of Using Your Roth IRA for Higher Education Expenses

While Roth IRAs should ideally be used for retirement, the fact that you have unrestricted access to your Roth IRA basis allows you to take a distribution at any time for any reason. Maybe you’re planning on going back to college or graduate school, but you don’t want to go in debt to pay for it. However, if you’re planning on using your Roth IRAs to pay for higher education expenses, there is a big disadvantage you need to know about before you do so. Click for more information.
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Slott Report Mailbag: How Do These Roth IRA 5-Year Rules Work?

The Slott Report Mailbag is full of inquiries on one of our most discussed topics, the Roth IRA 5-year rules, as well as a question that came from our Wednesday article on where you report your 2013 Roth IRA contributions on your tax return (hint: nowhere!). Click for this week's Q&A with our IRA Technical Expert.
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Newsletter

March 2014

Tax Court Changes the
Game for IRA Rollovers
Court Rules Once-Per-Year
Rollover Rule Applies to All
of a Taxpayer’s IRAs
New MyRA Retirement
Account Introduced
• Facts of the Case
• IRS Says Only One of Three
Rollovers was Valid
• Tax Court Ruling Throws a
Double Whammy Once-Per-
Year Rollover Rule Curveball
• Once-Per-Year Rollover Rule
Essentials
• Once-Per-Year Rollover Rule
with Multiple IRAs
• No Relief When Violating the
Once-Per-Year Rollover Rule
• The Tax Court’s Final
Decision
• Spouse’s IRA Rollover Was
After 60 Days
• 20% Accuracy-Related Penalty
• Impact on Clients Who Did
Multiple Rollovers in Prior
Years
• A Final Thought
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