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Last Tuesday, Senator Orin Hatch of Utah introduced new IRA-related legislation to the Congressional floor. The purpose of the bill had nothing to do with taxes, as you might first suspect, but rather, was introduced in an effort to strip the Department of Labor (DOL) of some of its power over IRAs. Below we discuss the role of certain federal and state entities play in IRAs.

I requested a check on 7/1 and received the check on 7/5. I realized that I won’t be able to...

New client has worked with a large retail brokerage in the past and both spouses rolled their 401(k)s over to...

While many Americans aren't saving enough for retirement, there are others who are saving a lot (true story). In fact, some of you have asked whether it's possible to contribute to more than one retirement plan for the same year. See the answer below.

Do you have a will, a trust, and retirement accounts? Who will get your retirement assets? Let’s say that your will says that everything goes to your spouse, your trust says that everything goes to your children, and the beneficiary form for your IRA says that everything goes to your spouse and your children equally. Who gets your IRA? These answers and more below.

We have a client who was a member of an LLC for half of this year. He is eligible to...

This week's Slott Report Mailbag includes questions about helping your grandchildren pay for the ever-rising cost of college tuition plus the intricate 60-day IRA rollover rule.

Where might I find past PLRs that spoke to the topic of requesting an exception for custodian errors as it...

Now that we are in the middle of the summer of 2013, have you ever thought about contributing to an IRA for your child or grandchild this year? It’s possible as long as certain rules are followed. We explain these rules below.

Individual, age 75, is now working part-time for the same employer (small medical practice) and contributions are no longer being...