Forum
I inherited a Client who has an IRA and a Non-Q account, they are both in Fixed Index Annuities. My...
Read more
Post
We frequently see situations where the estate is the IRA beneficiary either because the beneficiary form was never completed, has been lost by the IRA custodian, or, worst of all, the account owner actually named the estate as the beneficiary of the IRA. What options do you have when the estate inherits the IRA? We explain below.
Read more
Forum
Taxpayer moved traditional IRA from Brokerage House #1 to Brokerage House #2 in 2010. Somehow during the transfer of the...
Read more
Forum
Hello Folks, Situation: Old Employee Stock Matching program consisted of after tax company stock purchase with company match (pre-tax). This...
Read more
Post
Welcome to this month's installment of Are You an IRA Expert? Always thought you knew more than the next guy about IRAs and retirement accounts? Well now’s your chance to prove it. Below are three questions, ranging from beginner to expert. Test your IRA skills by trying to get all three right!
Read more
Post
Even though the 2011 tax season for most of us ended on April 17, 2012, some of us who made a timely IRA contribution for 2011 might have changed our mind on that IRA contribution. Specifically, some individuals who contributed to one type of IRA for last year may now want to change that contribution into a different type of IRA contribution.
Read more
Forum
Hello, I am hoping to get everyone’s thoughts on this situation below. 1. I contributed $5,000 to Non-Deductible Traditional IRA...
Read more
Forum
Hi, I have a question on 401K rollover> I have about $250000 in my 401K account ($60000 after tax, $190000...
Read more
Forum
Assume 1/3 of each fund in a “Traditional IRA” was converted to a ROTH last year and recharacterized (reverse the...
Read more
Post
We frequently see situations where minors are the intended beneficiaries of IRA accounts or employer plans. It could be that grandparents want to benefit their minor grandchildren or it could be single parents who want to provide for their minor children. No matter what the circumstances, there are some issues when minors inherit retirement assets.
Read more