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Question:Hello Ed,I have a question concerning Secure 2.0 pertaining to transferring “leftover” 529 plan account balances into a Roth IRA, beginning 2024. If I have no income in 2024, can I still transfer/contribute leftover 529 plan funds into a Roth IRA? Thank you!Mark

Hello, I have a client that is currently 56 years old and has an old 401k from a prior employer....

By Andy Ives, CFP®, AIF®IRA AnalystFollow Us on Twitter: @theslottreport If a person has a Traditional IRA and is of the age...

Hello, One of the new changes in SECURE Act 2.0 relates to the statute of limitations on penalties associated with...

Hello, One of the new changes in SECURE Act 2.0 relates to the statute of limitations on penalties associated with...

We’re getting a lot of questions about the SECURE 2.0 provision allowing tax-free rollovers from 529 plans to Roth IRAs. Although this new rollover opportunity sounds exciting, there are a number of restrictions that may limit its appeal.Section 529 plans offer a great opportunity to pay for college, K-12 tuition and student loan repayments. Nearly every state offers at least one plan. The most popular type of 529 plans are college savings plans, in which you make after-tax contributions that are invested in mutual funds or ETFs offered under the plan.

The beneficiary of my Roth account is my daughter. I am 78 years old and have had the Roth account...

I have a two siblings, and a parent with an IRA. My parent plans to leave all of us a...

My husband passed away in 2020 and I am the beneficiary of his 401. I know the funds have to...

Husband died in 2020 at age 75. Bene of his IRA was the Marital Trust (spouse of course is sole...