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.
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.