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Good Afternoon I have what I hope are a couple of general questions regarding excess IRA contributions. An account owner...

My wife contributed $22,500 pretax to her company’s 401K. Additionally she contributed $3803 after tax dollars to her company’s 401K....

Social Security has been a popular topic of conversation among current and soon-to-be retirees as well as Washington lawmakers as Congress tries to deal with a major deficit issue. Below we talk about some of the ties between IRAs and Social Security as well as some of the misconceptions.

Hello, I am planning to maximize my Solo 401K deductible contributions and I have a question regarding calculation for Solo...

With many Americans living much longer due to advances in medicine, some seniors have asked whether Medicaid can take their IRA to pay for nursing home care, should they require it at some point. The answer to that question is complicated and should be addressed by an elder-care planner. Some general information follows.

If a person who dies at age 50 and owns a TIRA, can the non-spouse inherited TIRA beneficiares wait until...

If someone has a TIRA and dies at age 50, will the non-spouse inherited beneficiaries be able to let the...

For Valentine’s Day many of us gave or received tokens of love such as flowers, candy, jewelry, or a nice dinner in a restaurant. But now Valentine’s Day is over (much to Hallmark's chagrin). That makes this a good time to think about our beneficiaries. How much do we love them? Do you love your beneficiaries enough to take the time to check up on your beneficiary forms for your retirement accounts? You really should consider doing this because there are plenty of "un-loving" consequences if you don't.

Let me explain what I have done and then ask my questions. In 2010 I converted my IRA to a...

I was 70 in 12/2012. My RBD is April 1, 2014. However, I understand that if I do not take...