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
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The upside of traditional IRAs is that income taxes aren’t due until money is withdrawn…and with Roth IRAs, investment profits…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.
The stock market crash may have put you in position to take advantage of a Roth conversion. Here’s how to know.
Although the new federal law called the Secure Act provides many advantages for people with retirement accounts
In a financial crunch? Consider an early withdrawal from your retirement account but beware of these mistakes.
Mistakes are common on taking required minimum distributions (RMDs) from retirement accounts, and the penalties are steep. Here’s how to avoid them.
You can prevent your heirs from mismanaging money—and save on fees—with a "trusteed IRA." Like a traditional trust, a trusteed…
One of the most appealing features of a traditional individual retirement account (IRA) is that you don’t pay income tax…
You might know that a Roth IRA is a way to grow your nest egg without any future tax payments…
