3 Retirement Loopholes Likely to Close

Monday, July 06, 2015

By The Slott Report Staff
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As we all know, there are many tips and tricks to maximizing the tax code in the short-term at tax time and in long-term with your retirement account. However, when a loophole is being used by “too many” and the government is losing out on lost revenue, it has a good chance of being closed.

Liz Weston spoke to Ed Slott about 3 retirement loopholes that are in danger. They are:

  1. The backdoor Roth IRA conversion
  2. The stretch IRA
  3. “Aggressive” strategies for Social Security

Go here to read Weston’s article.

This article examines the advantages of these loopholes – for example, the backdoor Roth conversion strategy for high-income earners – and why each is in danger of closing in the current tax and political environment.

Read more current articles written by and including quotes from America’s IRA Experts:
Retirement Income: Smart Tax Strategies (Financial Planning – Subscribers only)
The Case for Roth Conversions for High-Income Clients (InvestmentNews)
What To Do When You Forget a Required IRA Withdrawal (Wall Street Journal)

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