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A client inherited his sister’s 401k this year. She passed away at the age of 63 and the beneficiary is...

IRA custodians are allowed to charge fees on IRAs, but the fees must be properly disclosed to you. These fees are required to be spelled out in the disclosure statement portion of the custodian's IRA document that you get when you open the IRA.

After talking with the person running my 403-B, he says that the roth 403-B is not available because the people...

When it comes to moving retirement account money from one IRA (or other eligible retirement account) to another, Congress has given you a couple of options. On one hand, you can have the money sent right from one institution to another. This is known as a trustee-to-trustee transfer, or a direct rollover, and is the preferred way to move money, as it avoids a lot of problems. On the other hand, Congress also allows you to move money indirectly. Click for more information.

A client is leaving his employer. He is over age 55, but not yet age 59 ½, and he will need money from his retirement plan for living expenses. What are his options?

Can you take after Tax (Not Roth) contributions ( say 100k)and transfer to a Roth IRA that was established 10...

A Will is a legal document under state law where you name a person to manage your estate and divide your property after you die. Property in your estate must pass through “probate”, which is the process under your state’s law of how your estate is administered and who gets your property. Ideally, you should have a Will. If you don’t, then state law will decide who gets your property after you die. That might not be what you want, so it’s better for you to decide who gets what by having your own Will.

No Pension Benefits
for Widow Married
Less than a Year
• Facts of the Case
• Court Decisions
• Some Employer Plans Have a
“One-Year-Marriage Rule”

An individual contributed to their individual 401k profit sharing plan. They are the employer and the only employee. When he...

Hello, I just wanted to confirm the nature of RMDs for an account whereby the owner has passed. 1. If...