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A recent report released by the Center for Retirement Research at Boston College shows that Social Security is one of, if not the cheapest annuities available (click here to see the report). "Well that doesn't make much sense" you might be saying to yourself. After all, you don’t "buy" your Social Security annuity payments right? You're simply entitled to receive them after meeting certain requirements.

I have a client that rolled his late wife’s 401K into his 401K and then we rolled it over into...

The IRS announced that it reached a financial settlement with an accounting firm that promoted illegal tax shelters, some of which involved Roth IRAs. BDO USA LLP was fined $34.4 million dollars for its part in promoting and not reporting various tax shelters over seven years. Some of these abusive tax shelters involved the use of Roth IRAs.

Am I correct that if a 401(k) plan allows for non-hardship in-service withdraws as well as after-tax contributions, a participant...

Hi My name is Virginia Ilie. I have few questions to ask. Recently I rolled all my retirement benefit in...

Thoughts on this scenario? Am I thinking about this correctly? Client is age 72 and still working. $1.13m in 401k...

The New York Times ran an article on June 13th titled, "Using Your 401(k) to Buy a Small Business," and we feel compelled to discuss the piece and provide a few words of warning on using what is called a ROBS (Rollovers as Business Start-ups) transaction. Ed Slott goes through the article and adds his own expert retirement planning perspective in this IRAtv video below.

Can a person transfer their IRA multiple times in one year. I think I’ve heard that you can only roll-over...

My Father passed away in Feb, 2012 after his RBD and my sister and I inherited a couple of IRAs...

Since cost basis is constantly being lowered in an oil MLP due to return of capital, does cost basis step...