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What Are IRA
Custodians Really
Responsible For?

• No Duty to Inform of the 60-
Day Rollover Rule
• Custodian Error Can Help Get
Clients an Extension of the
60-Day Rollover Window
• Federal Income Tax
Withholding
• IRS Penalty Taxes
• Look-Through Trust Status
for Stretch IRA Purposes
• Required Minimum
Distributions at Age 70½
• Reporting Disability
Distributions
• Naming and Updating IRA
Beneficiaries
• Valuing IRA Assets at Fair
Market Value
• Calculating Net
Income or Loss on an
Excess Contribution or
Recharacterization
• Setting up Separate Accounts
for Multiple Beneficiaries
after Death
• Contribution Eligibility
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The IRS released the 2013 version of IRS Form 8880, Credit for Qualified Retirement Savings Contributions. The form is used to claim a federal income tax credit, known as the “saver’s credit,” if you make IRA contributions or certain salary deferral contributions to your company’s retirement plan, such as a 401(k) plan. Click to find out the criteria needed for receiving this credit.

Need help with a question regarding renaming an inherited IRA. My mother’s fiancé died 10 years ago and left her...

If a taxpayer dies after an RMD check was issued and received but before it was cashed, what can the...

An individual is likely to “inherit” his father’s IRA as designated beneficiary during his 60s or 70s. If he uses...

In the current issue of its newsletter, Employee Plans News (Issue 2013-3, September 13, 2013), IRS has an article on one of the differences between divorce and legal separation as it impacts employer retirement plan rules.

At age 66, I started distributions and now am making over $200k per year. Can I pay back the money...

This week's Slott Report Mailbag looks at naming minors as IRA beneficiaries, something we cover in some depth in other articles, as well as the RMD (required minimum distribution) rules around annuities. Click to read a Q&A with our IRA Technical Expert.

I wrote in about two months ago about my IRA dilemma. I did two IRA rollovers within a 12-month period...

Did you miss the October 15th extended tax filing deadline? Ed Slott and Company IRA Technical Consultant Jeffrey Levine details 3 things you should do right away if you missed this important tax date.