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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.

The retirement plan rules are constantly changing. They can be complex. Often, taxpayers are looking for good, free sources of information. While Internet searches can be helpful, caution should be used because there is no guarantee that the information you have found is timely or accurate. So where can you get accurate information on retirement plans? We explain below.

My client who is age 54 wishes to set up the 72(t) distribution on his IRA. Currently he has one...

I was married in 2012. It was only after I got married that I started to realized that my income...

Good Afternoon – Fact Pattern: Account owner over contributed to his Roth IRA by $1500 He was only eligble to...

“Ted” passed away in 2010 at age 65 and left his wife “Mary” (also age 65) as primary beneficiary of...