Ed Slott, CPA, president of Ed Slott and Company, LLC, a financial consulting firm specializing in IRAs and retirement planning, Rockville Centre, New York. He is author of The New Retirement Savings Time Bomb and founder of the podcast The Great Retirement Debate. IRAHelp.com
Traditional Individual Retirement Accounts (IRAs) were first introduced in 1974 as simple savings plans for workers who did not have…
A so-called “Backdoor Roth” is a technique for retirement savers to get the benefits of a Roth IRA even if…
Inheriting an individual retirement account (IRA) from a loved one can be a windfall—but it also can be one of…
The upside of traditional IRAs is that income taxes aren’t due until money is withdrawn…and with Roth IRAs, investment profits…
Last year’s $1.7 trillion Congressional spending bill included dozens of new provisions that will alter how Americans handle retirement. What…
If you named a trust as your IRA’s beneficiary, it’s time to revisit—and perhaps revise—that plan. Under the terms of…
If you have some money to add to your retirement savings before year-end, throwing it in a Roth IRA if…
An updated IRS ruling now allows IRA owners under age 59½ to dramatically increase the amount of money they can…
The bear market is a double dose of bad news for many retirees. Not only has the value of their…
A single mistake in withdrawing money from an IRA can derail decades of contributions. Here’s how to avoid the traps.
Although the new federal law called the Secure Act provides many advantages for people with retirement accounts
An inherited IRA can provide a lifetime of tax-deferred or tax-free investment growth. But as you try to build your…
