Ed Slott, CPA

Ed Slott, CPA, president of Ed Slott and Company, LLC, a financial consulting firm specializing in IRAs and retirement planning, Rockville Centre, New York. IRAHelp.com

Retirement Planning

Great Time for a Roth Conversion, But Ask Yourself 3 Questions First

The stock market crash may have put you in position to take advantage of a Roth conversion. Here’s how to know.

Retirement Planning

How to Protect Inherited Retirement Accounts Under New Federal Law

Although the new federal law called the Secure Act provides many advantages for people with retirement accounts

Retirement Planning

401(k) vs. IRA Early Withdrawal Mistakes

In a financial crunch? Consider an early withdrawal from your retirement account but beware of these mistakes.

Retirement Planning

Avoid These Costly Mistakes With Required Minimum Distributions (RMDs)

Mistakes are common on taking required minimum distributions (RMDs) from retirement accounts, and the penalties are steep. Here’s how to avoid them.

Family Finances

A “Trusteed IRA” Can Be Better Than a Trust And Save You Money

You can prevent your heirs from mismanaging money—and save on fees—with a "trusteed IRA." Like a traditional trust, a trusteed…

Tax Planning

Surprising Taxes on IRAs

One of the most appealing features of a traditional individual retirement account (IRA) is that you don’t pay income tax…

Beneficiaries

Fund Roth IRAs For Grandkids

You might know that a Roth IRA is a way to grow your nest egg without any future tax payments…

Cutting Taxes

Perfectly Legal Ways to Cut Taxes on Your IRAs

Thirteen million households are eligible to convert tax-deferred traditional IRA accounts to tax-exempt Roth IRAs in 2010. That includes millions…

Beneficiaries

Make Your Heirs Millionaires

Your most important estate-planning document is not your will... Though a will is typically the document that gets the most…

Retirement Accounts

When You Inherit an IRA…Avoid These Mistakes That Can Cost You Big

An inherited IRA can provide a lifetime of tax-deferred or tax-free investment growth. But as you try to build your…

Retirement Accounts

Does a Roth IRA Conversion Make Sense for You?

When you retire, you may roll over an employee-sponsored retirement account, such as a 401(k) or a 403(b), into an…