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Are Roth IRAs included in “estate” for lifetime gifting, even with stated beneficiary (spouse or maybe trust). I thought they...

If ever I was traveling from Los Angeles to Atlanta, I would choose a direct flight with no layovers. I want the most efficient route to my destination. Point A to Point B. Take off, land. Assuming no difference in ticket price and all things being equal, if another LAX to ATL itinerary included a stop in, say, Chicago, would there be any reason to take it? Why pass through another airport in another city when I can fly direct?

The August 28, 2023 Slott Report summarized IRS Notice 2023-62, where the IRS delayed the effective date of the SECURE 2.0 rule requiring catch-up contributions by higher-paid older employees to be made on a Roth basis.

The Roth IRA is the ultimate financial gift for retirees and their beneficiaries. Roth individual retirement accounts have no lifetime required minimum distributions, so you’ll never have to worry about paying higher future tax rates on those funds.

Below are the full issues of Ed Slott’s IRA Advisor Newsletter.Left click to read the files. Right click to download.

Question:My name is Bruce. I am 65 years old, and I have a question about the SECURE Act.My mother died at age 89 on April 19, 2023, and I inherited her IRA. She had been receiving RMDs for years and most recently filed her 2022 tax return indicating she had received her last RMD in December 2022.

I am 65 y/o. I am my mother’s son. I am confused on the 10 year requirement to exhaust all...

Hello, It was realized by a CPA that an Employer over-contributed in 2020 and 2021 to a client’s Individual 401(k)....

Non-Spouse bene inherited a 401k from her mother in 2019. The 401k has after-tax basis and pre-tax money. RMDs have...

We have a situation where IRA holder died in November of 2020 at the age of 68 and had not...