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Within the 400-page Ed Slott advisor training manual, we include a basic chart that outlines the Roth IRA distribution ordering rules and the availability of those specific dollars. When presenting the material to a live audience, I always say it is my favorite page.

Good afternoon, client of ours set up a SIMPLE last year as a self-employed individual. She contributed $14,000 which should...

I have a prospect who reached out to me because her two children (ages 11 and 15) were listed as...

I have a more complicated than usual case and I want to make sure my understanding is correct with all...

Hello, I want to roll over my wife’s simple IRA from her work into a Roth IRA. (IT is a...

Question: We had a client who was 80 years old and still working when he died. He did not own more than 5% of the company. As such, he was not taking required minimum distributions (RMDs) from the plan at his death. Our client named his son as his sole beneficiary.

I have two clients that have an inherited IRA. They started taking distributions prior to 2020. I know the distribution...

The once-per-year IRA rollover rule sounds pretty easy to understand. You may only do one IRA-to-IRA (or Roth IRA-to-Roth IRA rollover) per year (365 days). However, this rule is often misunderstood. One common confusion about the once-per-year rollover rule is whether multiple distributions or multiple deposits will trip you up.

Does anyone on here have any experience with how often the IRS requires a private ruling for a restorative payment?...

I left my former employer in January of this year and rolled over the full balance of my 401k to...