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40 year old client’s spouse passed this year. She left a 401k of which he is sole beneficiary. If he...

Suppose you are one of the many retirement account owners who converted funds to a Roth IRA in 2010 when there was a special 2-year “deal” on paying the taxes. Now you are wondering when you can take a distribution of those funds. The simple answer is that you can always take a distribution of your converted funds. However, depending on what you withdraw, you may not be happy with the tax consequences. Here are the rules.

This week's Slott Report Mailbag looks at the 10% early distribution penalty, which is in affect before age 59 1/2 in many cases. We also answer a tricky question about Roth recharacterizations.

I have a client who’s husband passed away in 2012 at the age of 69. He had a CD IRA...

My sister’s late husband had a traditional IRA with Morgan Stanley, and left a beneficiary form showing 3 primary beneficiaries:...

Last year my mother received her pension from work. Her lawyer advised her to place the money into 3 individual...

How can you and your financial advisor work together to lower your tax liability? One of the questions we often ask financial professionals is, "what have you done to lower your clients' exposure to the new 3.8% healthcare surtax on net investment income?" View our IRAtv video below.

When individuals take withdrawals from their IRAs, it's usually a cash withdrawal. By cash, we don't mean dollar bills; instead it's usually done by issuing a check. But it's possible to take a non-cash withdrawal from certain IRAs. These non-cash distributions are known as property distributions or “in-kind” distributions. Click to learn more about these distributions.

Good Afternoon I have what I hope is an easy question FACTS Roth IRA account owner determines he is ineligible...

The IRS 10% early distribution penalty does not apply to an IRA distribution used to acquire (purchase, construct, or reconstruct,...