Ed Slott: When to name a trust as an IRA beneficiary
If your client has a large IRA or plans to leave their money to someone who is incapable of managing it, they may want to consider naming a trust as their beneficiary, according to Ed Slott, founder of Ed Slott's Elite IRA Advisor Group.
Ed Slott: The real reason your clients may be saying no to your advice
Sometimes clients are confused, and a confused mind often says no, according to Ed Slott of Ed Slott's Elite IRA Advisor Group. Here are five simple ways to get clients to be more open to doing planning with you.
Ed Slott: Why advisers need to warn clients about the pitfalls of alternative investments in IRAs
If a client commits a prohibited transaction from their IRA, the entire account becomes taxable. Here's how advisers can help guide clients so that worst-case scenario does not happen, according to Ed Slott of Ed Slott's Elite IRA Advisor Group.
3 questions to ask before converting to a Roth IRA
To do a Roth conversion, money has to be spent. Here is what financial advisers and their clients should consider before they incur tax costs, according to Ed Slott, founder of Ed Slott's Elite IRA Advisor Group.
Ed Slott: What advisers need to know about 401(k) rollover options post DOL fiduciary rule
Advising clients who are approaching retirement on what to do with their 401(k)s has become even more complicated following the DOL fiduciary rule. Ed Slott of Ed Slott's Elite IRA Advisor Group discusses what advisers need to consider.
Ed Slott: 3 fatal IRA and retirement plan errors to avoid
Fatal IRA or retirement plan errors cannot be corrected, and advisers need to make sure they don't happen on their watch. Here's what to watch out for, according to Ed Slott of Ed Slott's Elite IRA Advisor Group.
Ed Slott: 5 common mistakes clients make with RMDs
Millions of baby boomers are hitting the magic age, 70 1/2, where they have to take required minimum distributions. Ed Slott of Ed Slott's Elite IRA Advisor Group highlights the costly mistakes that most often trip clients up.
Ed Slott: Why IRA and plan rollovers are one of the biggest traps in the retirement market
Financial advisers should only use direct trustee-to-trustee transfers and must avoid certain situations that can trigger big tax bills for clients, according to Ed Slott of Ed Slott's Elite IRA Advisor Group.
Ed Slott: The DOL fiduciary rule is a game changer for financial advisers
Going into the new DOL fiduciary environment, advisers must prepare by using education, communication, documentation and follow up, according to Ed Slott of Ed Slott's Elite IRA Advisor Group.
Ed Slott: Why retirees need financial advisers’ help more than ever
Retirees need professional guidance when it comes to taking money out of their retirement accounts and understanding the tax ramifications of those withdrawals, according to Ed Slott of Ed Slott's Elite IRA Advisor Group.
