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I have a clients in their 60s with a 529 plan. Their child/beneficiary has graduate over 5 years ago. The...

We hear it all the time. “If your income is too high for a direct Roth IRA contribution, just do a Backdoor Roth. Easy-peasy!”Not so fast, my friend. A Backdoor Roth IRA transaction is like a musclebound hotel bellhop – it can carry a lot of baggage. However, before we can discuss said baggage…

While I am still living can another individual (spouse) be the beneficiary of my IRA distributions? I am 77 and...

Hello, For purposes of the pro rata rule that applies to IRA distributions and Roth conversions when after-tax IRA contributions...

I have a 529 thats been around for 15 years. I have about $35k left in it and want to...

1) What is the procedure for an IRA beneficiary to disclaim an IRA after the IRA holder died? 2) IRA...

The Secure Act 2.0 in 2023 put in a limitation of 6 years that the IRS can charge a 6%...

I think I am clear on the conversion rules but would like verification! I will be converting IRA funds over...

I’m in a bit of a pickle. In July 2019 I withdrew $30,000 from my traditional IRA. I was over...