IRA Rollover

Ed Slott’s 5 Biggest Retirement Mistakes (VIDEO)

The 5 biggest retirement mistakes - miscues that can cost those saving for and nearing retirement - have nothing to do with investing! I sat down with TheStreet.com to discuss what I believe are the five biggest retirement mistakes people make with their retirement accounts.

How to Take Year-of-Death Required Distributions

We are frequently asked how to take an undistributed RMD (required minimum distribution) for an IRA account owner in pay status who died during the year. So, should the RMD come out of the deceased owner’s account before or after it is re-titled as an inherited IRA?

How Do I Report a Tax-Free Rollover on My Tax Return?

This week's Slott Report Mailbag examines a situation involving a spousal IRA beneficiary (the exact topic we detailed in this month's IRA Focus) as well as the procedure for reporting a tax-free IRA rollover during tax season (a key issue with April 15 right around the corner). Find the answers to these issues and more in this week's mailbag.

IRS Waives Rollover Requirement After Institution Error

A taxpayer received a distribution from his company retirement plan after separating from service with the intent to make a direct rollover into a Roth IRA. However, things don’t always go by way of the best intentions. The financial institution deposited the distribution into an IRA instead of a Roth IRA. Private Letter Ruling 201452025 got IRS involved.

IRS Releases Updated Rollover Chart

IRS has released an update on their IRA rollover chart that includes language regarding the more restrictive once-per-year IRA rollover rules that take effect on January 1, 2015. Read more to view and print the chart.

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