IRA Blog

By Ian Berger, JD IRA Analyst In the July 22, 2024 Slott Report, my colleague Sarah Brenner explained how the IRS, in its final SECURE Act required minimum distribution...

By Sarah Brenner, JD Director of Retirement Education   On July 18, 2024, the IRS issued final required minimum distribution (RMD) regulations under the 2020...

By Ian Berger, JD IRA Analyst Question: One of our clients wants to cash out his IRA and then roll it into a Roth IRA within 60 days. Can this be done directly, or does...

By Andy Ives, CFP®, AIF® IRA Analyst   When an IRA owner does a Roth conversion, there is typically a 5-year clock for the earnings on the converted dollars to be...

By Ian Berger, JD IRA Analyst   One of the more interesting rules (if any could be called “interesting”) from the 2022 IRS proposed regulations requires spouse...

By Andy Ives, CFP®, AIF® IRA Analyst   QUESTION: Do required minimum distributions (RMDs) need to be taken when a non-spouse beneficiary inherits Roth IRA? It...

By Sarah Brenner, JD Director of Retirement Education If you are charitably inclined and have an IRA, a Qualified Charitable Distribution (QCD) can be a great strategy....

By Andy Ives, CFP®, AIF® IRA Analyst If I pour too much water into a glass, removing liquid from a different glass does not correct the problem. The excess water must...

By Ian Berger, JD IRA Analyst If you take a taxable withdrawal from your IRA or 401(k) (or other company plan) before age 59 ½, you normally have to pay a 10% penalty...