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Unless you've been locked in the cellar of a medieval castle since the November elections, you've likely heard about the fiscal cliff issue – the popular name given to the impending simultaneous tax increases and budget cuts. No doubt this raises concerns about how going over that cliff, if it happens, could affect you.

In the current debate over the upcoming fiscal cliff, limiting income tax deductions is being discussed as a way to increase federal tax revenue. Charities could be adversely affected. Click to find out out.

client is electing to take ss at age 64 while still working P/T. She is stating that after age 66,...

I have a client that’s sister died and left him her BD Ira. Does he have to take it over...

Person has a 403-B acct held at their previous employer for the last 5 yrs. He is now 71. He...

I just did a trustee to trustee rollover of my 401k to an IRA and a Roth IRA. It was...

A misconception we see frequently is individuals thinking they have until April 15th to do a Roth conversion for the prior year. The Roth conversion rules are not the same as the Roth IRA contribution rules. We explain the difference below.

This week's Slott Report Mailbag looks at Roth contributions and the prerequisites necessary to make a contribution. We also answer a question on investing inherited IRA money in an IRA annuity.

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.