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You want to leave your Roth IRA to your grandchildren. You are worried about required distributions at age 70 ½ if you are still working. You want to know all of the tax specifics of a year-end Roth conversion. You have come to the right place, a special post-holiday Monday edition of The Slott Report Mailbag.

Maybe this question was asked already but can’t find the answer to my question. I’m a grandpa and was thinking...

A young person (now in her late 20s but on the right track) set up a Roth IRA and contributed...

I inherited an IRA from my mother, who was born 1/22/1925 and died 3/20/2000 (after she had begun her mandatory...

Thanksgiving is here - and the end of 2012 (believe it or not) is right around the corner. That means "year-end planning" time, and below we offer 3 questions you should ask (and find answers to) before year-end.

Client passed away and left an annuity to brother. This is a note that I received from an tax attorney...

It is vital that IRA owners name both primary and contingent beneficiaries. Failure to have a beneficiary in place at death could result in the loss of the extended payout, that is, the stretch IRA. Why? If the IRA owner’s beneficiary dies before the IRA owner and no contingent beneficiary was ever named, the IRA owner’s estate is usually the default beneficiary. The estate does not have a life expectancy to use for stretch distributions.

Hello, In 2010, I contributed to a SEP IRA as a sole proprietorship. In 2011, I changed my business structure...

A required minimum distribution (RMD) is not eligible for rollover. In an IRA, what this means is that when you have a required distribution for the year and you take a distribution payable to yourself, only the amount over and above the RMD amount can be put back into another IRA. This is true even if you take the distribution in January and you were planning on taking your RMD in December.

Can someone please let me know if this strategy works? John is 35 years old. He is single and his...