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I have a client that converted $15000 from a T-IRA to a Roth in Sept of 2011. He is 48....

Good Afternoon I am hoping for guidance on the following fact pattern: FACTS: 401(k)participant recv’d two checks (made payable to...

Good Afternoon I am hoping for guidance on the following fact pattern: FACTS: 401(k)participant recv’d two checks (made payable to...

“How is my annuity going to be taxed?” It’s a question that's asked frequently, but one that can have several different answers. That's because an annuity can be taxed differently depending on the type of annuity you are receiving distributions from, as well as the type of the account it's in.

A recent court case highlights how risky it is when a married couple attempts to use a post-nuptial agreement when trying to waive spousal benefits to an employer retirement plan. In the case of Mid-American Pension v. Michael Cox, the court ruled that a surviving wife’s promise to waive her rights to her husband’s 401(k) funds by signing a post-nuptial agreement was invalid because the agreement wasn’t drafted correctly.

The Kay Bailey Hutchison Spousal IRA: what a mouthful! We now have this thanks to a bill that was signed into law on July 25, 2013 that renamed the section of the tax code that specifies the spousal IRA contribution limit. Learn more about this type of IRA below.

A taxpayer we will call "Greg" asserted that his failure to accomplish a prompt rollover of his distributed IRA funds within the prescribed 60-day IRA rollover window was due to the medical condition and death of his mother. Get the full story below.

Creating an estate plan can be a very challenging process. For starters, it involves serious contemplation of on'’s death and the resulting aftermath, which can, in and of itself, be an uneasy topic of discussion. In some cases, however, the process can be particularly emotional and technically challenging. Oftentimes this occurs when someone chooses, for one reason or another, to treat children or other similar beneficiaries unequally, perhaps even disinheriting one or more of them.

Opinions, please! Confusion has ensued in light of this question: How to best manage the two IRA annuities (one qualified...

I have a 55 year old male whois retiring soon with 1.2 million in his 401K/IRA. He wants to take...