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Question: I have a general question regarding the 10-year time frame for emptying an inherited IRA. Your guidance says that the deadline is the END of the tenth year following death. In this specific situation, the death occurred July 9, 2020, so I believe the deadline is December 31, 2030, the end of the tenth year.

I’m hoping to get some clarification on what RMD table a surviving spouse would use when she is named as...

Markets continue to climb. That is good news for your retirement account. However, there is a downside. When you contribute to a traditional IRA or a pre-tax 401(k), you make a deal with Uncle Sam.

My husband & I both have IRA accounts. Husband age 71    IRA balance $1,000,000 Wife age 67    ...

Hello, Background: We have a client who just reached RMD age (turned 73 in 2024) and prefers that his future...

We have a client who decided to do back-door Roth’s on their own. The problem is they funded the Roth’s...

‘Tis the season for identifying and correcting excess IRA contributions. It seems as if every other recent inquiry is about this subject. To keep readers on the straight and narrow, here are ten details about excess IRA contributions and the correction process…

Question: Hi, My last remaining parent, my mother, passed away in May 2017, and my younger brother and I inherited her IRA (equally split into inherited IRA accounts). We were of the understanding we could handle required minimum distributions (RMDs) via the “stretch IRA” method (RMDs spread out over our expected lifetime). The new laws that went into place in 2020 and 2022 have us wondering if we must change what we are doing. Can you please help us with this question?

Handouts Course Manual Are you ready to take the next step and join Ed Slott’s Elite IRA Advisor Group? Learn...

We have a client who finalized their divorce in February 2023.  During the marriage, each was the primary beneficiary to...