Site search

As you are now no doubt aware, there are any number of ways which you might pay more in taxes for 2013 than you will this year. One of those many ways is when you sell long-term capital gain property. Common types of capital gain property are stocks, bonds, mutual funds and real estate. To be considered “long-term,” you must have held the investment for more than one year.

If you are thinking about going back to school but don't have the money, you can potentially use your IRA to pay for higher education expenses. Unfortunately, the distribution from your Traditional IRA will be taxable.

I am considering the possibility of the govt changing the rules regarding the ROTH IRA tax exclusion. Do you think...

The end of the year is rapidly approaching. It is time to make sure that all required distributions are taken from retirement accounts. Who must take a required distribution? We explain below.

Sorry, yet again another post tax to Roth IRA question. Wish the IRS would come out with some sort of...

Can’t seem to find any guidance on this fact pattern: 100% 2011 conversion is done and partially recharacterized in 2012....

If worst-case scenario occurs, and we go over fiscal cliff…and someone dies soon after with net worth well over the...

The Slott Report Mailbag is back with three consumer questions that run the gambit of IRA-distribution and retirement planning. Can you use an IRA as security for a loan? How do you handle inherited IRAs for you and your wife? Can an employer have both a SEP and a SIMPLE plan for their employees? You have come to the right place for the answers.

I’ve read that one should not leave an IRA to a Living Trust unless it includes language that qualifies the...

A client had a one person DB plan that was closed in April of this year and had the known...