Am I Eligible to Make a Roth IRA Contribution?
This week's Slott Report Mailbag examines Roth IRA contribution eligibility and how to avoid RMDs (required minimum distributions) by rolling a Roth employer plan to a Roth IRA.
required minimum distribution
Are There Age Requirements To Do a Roth Conversion?
This is a frequently asked question, and the answer is very straightforward, but it also starts the Roth conversion conversation no matter your age. Beverly DeVeny provides more technical tidbits you should know about the process.
Do I Have to Take RMDs From Every Account That I Have?
This week's Slott Report Mailbag, proudly sponsored by GoldCo Precious Metals, examines if you have to take RMDs (required minimum distributions) from every account you have and answers if your traditional IRA is tax deductible.
Still Working and Past Age 70 1/2? Answers to 7 Frequently Asked RMD Questions
We get many questions from those nearing the RMD (required minimum distribution) age of 70 ½ who are still working. We put together a list of 7 frequently asked questions and our answers on this important IRA planning topic.
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.
Do I HAVE to Take Distributions From My Traditional IRA?
This week's Slott Report Mailbag, proudly sponsored by GoldCo Precious Metals, includes questions on some key IRA principles - taking IRA distributions, handling an inherited IRA as a non-spouse beneficiary and navigating required minimum distributions (RMDs).
How Do I Take Required Minimum Distributions on an Inherited IRA?
This week's Slott Report Mailbag, proudly sponsored by GoldCo Precious Metals, comes to you live from Ed Slott's Elite IRA Advisor Group Workshop in Denver, Colorado. One of our mailbag questions concerns required minimum distributions (RMDs) on an inherited IRA .
4 Steps to Taking a Roth Conversion After Age 70 1/2
With individuals living longer, more and more are considering a Roth conversion after age 70 1/2. Beverly DeVeny takes you through the 4 steps you must follow to properly execute the Roth conversion after the key required minimum distribution age.
7 Ways You Can Mess Up Your Required Minimum Distribution
Taking your correct required minimum distribution (RMD) ... it sounds so easy; you just divide the balance of your IRA at the end of last year by your IRS-provided life expectancy factor. What could possibly go wrong? The answer: a lot, an awful lot. Read on for seven RMD mistakes you should avoid at all costs.
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?
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