Site search

This past week the Ed Slott team hosted another successful conference for our Elite IRA Advisor Group members. Well over 300 advisors from across the country descended on Washington D.C. for two days of intense IRA training. In addition to discussing all the newest SECURE 2.0 rules, we made sure to cover the foundational beneficiary principles created by the original SECURE Act, which went into effect in 2020. It is our steadfast belief – and our member advisors agree – the best way to learn new concepts is through repetition and reinforcement.

I have a few questions tied to this case study. Client age 55, single and has a Trust (John Smith...

Client passes away, leaving their IRA to a qualified trust fbo their two minor children. One child is 8; the...

I am looking for an answer for my brother on his RMD situation in 2023. He just retired in March...

Roth Conversion after 59 1/2, do you still have to abide by the 5 year rule for distributions?

Client A owns V, a C Corporation. Client K, A’s uncle, wants to invest in V as follows (to circumvent...

Question: Greetings, There seems to be a lot of conflicting information on Inherited Roth IRAs, for which I was hoping to get a definitive answer from the experts. My understanding was that a non-spouse beneficiary (who is not an eligible designated beneficiary), who inherits a Roth IRA wouldn’t be subject to annual RMDs but would be subject to emptying the account within 10 years of the original account owner’s death (for account owners who died after 2019, that is). I thought this exception was predicated on the original account owner of a Roth IRA not being subject to a required beginning date (RBD).

Fact pattern: Client X has a ~$100,000 RMD for 2023, of which he has completed ~$25K. Client X wants to...

I think the dust has settled on this issue but I am still seeing a few differing points. A client...

457 Top Hat Ptp was receiving RMDs and passed away in year 2016 at age 86 and payments were stopped....