Site search

Question: Starting in 2024, if you have a 529 plan you can potentially roll it into a Roth IRA if certain requirements are met. Could the 529 plan also go into a Roth employer plan? Thank you.

Question: Starting in 2024, if you have a 529 plan you can potentially roll it into a Roth IRA if certain requirements are met. Could the 529 plan also go into a Roth employer plan? Thank you.

In 2024, more Americans than ever before will reach age 65. By this summer, 12,000 baby boomers will celebrate their 65th birthday each day. This demographic milestone has been called “Peak 65.” If you are in this group, what does Peak 65 mean for your IRA?

Mr. Slott encourages large conversions from IRAs to Roth, which makes sense. Does that mean one should ignore IRMAA penalties...

A new client owns an LLC and employs his wife as an office manager–both over age 50. He has been...

I have a clients in their 60s with a 529 plan. Their child/beneficiary has graduate over 5 years ago. The...

We hear it all the time. “If your income is too high for a direct Roth IRA contribution, just do a Backdoor Roth. Easy-peasy!” Not so fast, my friend. A Backdoor Roth IRA transaction is like a musclebound hotel bellhop – it can carry a lot of baggage. However, before we can discuss said baggage…

While I am still living can another individual (spouse) be the beneficiary of my IRA distributions? I am 77 and...

Hello, For purposes of the pro rata rule that applies to IRA distributions and Roth conversions when after-tax IRA contributions...

Top Social Security and Medicare Developments of 2023

• Help Wanted
• Cooler COLA
• Shifting into Reverse
• Defining Disability
• Taking Social Security Taxation to Tax Court
• Medicare Moderation
• Telehealth Tactic
• Dis-Inviting IRMAA
• Advantage Plans’