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I have a client who is not yet 70.5 and therefore has not yet begun her RMD. Unfortunately, doctors have...

An employee begins contributions to his 401k for the first time in January of the year he will turn 70...

An individual with both pre-tax and elective after-tax contributions (but not Roth) would like to convert their after-tax assets only...

I converted my entire IRA to a Roth in March. Afterwards, I made a non-deductible IRA contribution to my regular...

Required minimum distributions (RMDs) begin in the year you turn 70 ½. Not age 70 and not age 71 but age 70 ½. So who is age 70 ½ in 2010? If you were born from July 1, 1939 up through June 30, 1940 you will be 70 ½ this year. How do you know what age to use for calculating your RMD?

Our client died Sept 2009. He had not taken his RMD, 89 years old. His wife, age 87 at the...

I rolled over $5000 of after tax contributions from my employer 401k plan to a TIRA in 2009, while still...

So the client inherits an IRA from her 98 year old Aunt in 2009. Client is age 70 in 2010....

So you did your recharacterization from the Roth IRA back to the traditional IRA and now you are wondering how you put this on your tax return so you don’t have to pay tax on the conversion.You can find some guidance from IRS on the instructions for Form 8606 - which in most cases you don’t have to file when you do a recharacterization. You can find these instructions at www.irs.gov.

H – 54, S – 49 in 2009 – Roth Contributions – H – $6k – S – $5k ($3k...