Displaying 213 results
RMDs can create future tax savings
If clients don't need the income, here are some ways the money they must take can be put to good use.
Who’s keeping track of IRA basis?
IRA basis is required to be tracked on IRS Form 8606 “Nondeductible IRAs,” which is filed with a client's tax return.
Advisers beware: Another Roth IRA scam backfires
Roth IRAs offer significant tax benefits, but these transactions are on the Internal Revenue Service's radar.
On death, divorce and retirement
Splitting a company retirement account in a divorce generally involves a qualified domestic relations order, where the nonparticipant…
Strategies for delaying required minimum distributions for working clients
Those who are 70 ½ and still on the job may be able to delay distributions from company plans.
Strategies for delaying required minimum distributions for working clients
Those who are 70 ½ and still on the job may be able to delay distributions from company plans.
Splitting retirement plan assets in divorce can get complicated if one spouse dies
A recent court case illuminates the possibility of a pension benefit going back to the plan if the right legal documents are not in order.
Tax-time Roth IRA strategies
Share these timely IRA reminders with your clients and their CPAs.
Track dates to save clients from new, big IRS fees
The IRS has increased its fees to request private-letter rulings (PLRs) for extensions upon missing two common retirement deadlines: 60-day rollovers and Roth recharacterizations.
Newly improved retirement tax rules
Permanent QCDs, expansions and enhancements let advisers plan ahead with certainty.
Beware the early distribution penalty
Withdrawals before age 591/2 from plans and IRAs that are used to pay medical bills are generally exempt…
How to avoid year-end RMD errors
An expert's list of common mistakes advisers make when helping clients take required distributions
Attorney learns the wrong way to deduct IRA losses
Semi-retired patent attorney cannot deduct losses in an IRA.
Roth IRAs: Supersaving for college
Popular retirement vehicle has several advantages over a traditional 529 plan in many cases
Law expands 10% penalty exception for public safety workers
More public safety officials may take early distributions without penalty from more of their government-sponsored retirement plans.
The case for Roth IRA conversions for high-income clients
Paying tax now, on today's balance, may be preferable to paying future tax on a much larger sum, year after year.
Clearing up adviser confusion on the new once-per-year IRA rollover rule
Here are answers to common adviser questions on the new IRA rollover rule
The case for Roth IRA conversions for high-income investors
Paying tax now on today's balance may be preferable to paying future tax on a much larger sum, year after year.
Tax season is over, but IRA fixes can still be made
Roth IRA conversions or contributions can be undone up to Oct. 15 of the following year
Untimely IRA rollover leads to trouble
Exploring a time when the IRS was unconvinced a medical condition affected a taxpayer's ability to meet the 60-day requirement.
