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Last August/12 we rolled over our matured Traditional IRA’s to the high interest rate CD’s FDIC insured by Standard Chartered...

As I noted in another post (https://irahelp.com/forum-post/18860-recharacterize-or-distribute-and-re-contribute), I soon plan to recharacterize a series of 2012 Roth IRA contributions to...

As we gather our information to prepare our federal income tax return for 2012, don't forget about that Roth IRA conversion you did all of the way back in 2010. A conversion you did from a company plan or IRA to a Roth IRA in 2010 will likely need to be reported on your 2010 tax return.

When rolling over the after tax portion of a 401-k to a Roth IRA, how is the earnings on those...

My husband has in his Suffolk Community College retirement account three separate sub-accounts. The RA is money deposited by the...

If you took a withdrawal from any IRA or employer plan last year, you will get a copy of IRS Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. very soon. The IRA custodian or employer plan was required to send you a copy of Form 1099-R by January 31, 2013 for any 2012 retirement plan distributions you took.

56 yr old member separated from employer after age 55, now seeking to access $20k of her $86k retirement funds...

This week's Slott Report Mailbag talks about the act of "moving money" from one retirement account (yours or an inherited account) to another. There are many tax and penalty pitfalls at play, and we dissect the right way to go through these procedures in the question-and-answer below.

I have a relationship where the company where he worked sent him a reissue letter. Supposedly they had sent him...

A Washington, D.C. district court handed down a ruling that affects all of us as the 2012 tax season gets underway. The court ruled in Loving et al vs. IRS that the Internal Revenue Service did NOT have the authority to regulate persons who prepare or help prepare tax returns for a fee. They couldn't order these individuals to pass a test or maintain a minimum required level of competency.