Site search

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.

You have a Roth 401(k), 403(b), 457(b) or federal government Roth TSP. You have left your job and want to move those funds to a Roth IRA. What 5-year rule applies to the rolled over funds? The answer follows.

While planning to transfer a traditional IRA (all pre-tax) to a R/O IRA created from a 401k I thought was...

Our 89-year old client died August 2012. Her IRA named her revocable living trust as the beneficiary of her IRA....

A client is setting up a 72(t) distribution schedule – substantially equal periodic payments that will be exempt from the 10% early distribution penalty. Her first distribution won't be made until September and she would like to take monthly payments. But she also wants the full distribution for the first year, not just four payments. Can she do this? We answer this question below.

Fall is upon us, at least that's what we think every time we walk past a coffee shop. People are beginning year-end retirement planning preparations, and this week's Slott Report Mailbag includes questions on required minimum distributions (RMDs) and two different scenarios for Roth conversions.

Summer is over, kids are returning to school and we are all getting back into a regular work schedule. Now is the best time to learn how to maximize your company-sponsored retirement plan. Ed Slott and Company IRA Technical Consultant Jeffrey Levine details 3 ways to maximize your retirement plan in this IRAtv video shown below.

Client laid off; Had highly appreciated stock (cost basis very low) in 401k. Client took advanatge of NUA early in...

I am helping my father with getting my mother’s IRA rolled into his. She passed away in June and had...