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Article VIII of Form 5305 allows any trust provision under state law that is not inconsistent with 408(a). IRA participants...

October is almost here, and with the turning of the page comes some important IRA deadlines you should add to the calendar.

If I die before taking out the remaining RMD of $50,000, should my two kids who inherit the traditional IRA...

This week's Slott Report Mailbag includes questions about converting part of an active SEP (Simplified Employee Pension) to a Roth IRA and the recharacterization process as it concerns tax returns.

When many people think about the rules that govern IRAs, they see them as universal rules, applicable to everyone equally in all circumstances. While many rules do, in fact, apply to everyone equally, variations in state law can also create significant differences in how IRAs are treated in different states.

The topic of qualified charitable distributions (QCDs) is one we have written about several times here in The Slott Report, most recently last December. Well, it’s time to write about it again as the legislation that allows QCDs is due to expire at the end of this year, absent an extension enacted by Congress. Thus, if you are or will be age 70 ½ or older by December 31, 2011, you definitely need to be aware of QCDs.

This week at The Slott Report, we will cover several important topics with upcoming deadlines. Below is the schedule of articles, and make sure to view our Instant IRA Success Roundtable Videos posted below and at our YouTube page.

I have a taxpayer that made contributions to his 2 minor children’s Education IRAs for tax years 2007, 2009, and...

I have a taxpayer that made contributions to his 2 minor children’s Education IRAs for tax years 2007, 2009, and...

What distributions can you take from an employer-based retirement plan? We get this question all the time and the answer is always the same.