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Hurricane Isaac, which began on August 26, 2012, did considerable flooding and wind damage to parts of the U.S., especially Louisiana and Mississippi. Some areas in those states were declared federal disaster areas by the Federal Emergency Management Agency (FEMA).

My 401k has appreciated company stocks. I plan to distribute all stocks in my 401k to an outside taxable account...

Hoping I can get some advice here. My dad passed away in August 2012 at the age of 72. From...

If you're like the majority of people - including financial advisors and accountants - here's something you probably don't know. IRA does NOT technically stand for individual retirement account. Instead, the IRA stands for Individual Retirement Arrangement. If you don't believe me, just check out IRS Publication 590. It's right there on the cover. With that said, let's discuss what each of these three little words means in a little more detail.

IRAs are not only different, but the rules governing them can be difficult. The Slott Report Mailbag is here to wade through the intricate details and help consumers make the right choices for their retirement plans, and steer them to able, educated financial advisors who can help them fill in the blanks. This week we received questions on the once-per-year rollover rule, buying a building with your IRA, and what qualifies has a hardship distribution.

What we know: • Husband died 12 yrs ago at age 58 with a 401k, would have turned 70.5 this...

I have a client who recently passed away at age 76 and left his IRA to his 4 children as...

I’m looking for confirmation of a rule I heard recently. If an employee can take in-service distributions of prior after...

Good Afternoon, I understand that a SIMPLE plan sponsor can lower the match to as little as 1% in 2...

When you open a new IRA, certain forms and paperwork must be filled out. Failure to do so can result in large IRS penalties and other harsh tax consequences as a recent court case showed. We explain the details of the case below.