share: email facebook twitter
Volume 7 Issue 4





FOR DAILY IRA INFO

Bookmark www.theslottreport.com
for daily IRA, retirement and tax
planning information.










QUESTION OF THE MONTH

What is the Timeline for Reconverting Recharacterized Funds?

Q: I converted an IRA into a Roth IRA. When doing my tax return, I found that this put me in a higher tax bracket so I recharacterized part of the conversion to what I thought put me back into the lower tax bracket. However, I didnít recharacterize enough. Can I now recharacterize another part of the conversion? Answer

APRIL KEY FOCUS

3 Things You Didnít Know About IRA Prohibited Transactions

Prohibited transactions are a list of things that you cannot do with your retirement account. In fact, they are one of the worst things you can do with a retirement account. When a prohibited transaction occurs, your entire IRA is deemed distributed as of January 1 of the year you made the prohibited transaction. This can lead to any number of negative consequences. Read More

RULING TO REMEMBER

IRA Custodian Creates 60-Day IRA Rollover Problems

In a recent 60-day IRA rollover private letter ruling request, an individual was allowed to complete a rollover of only a portion of his IRA distribution. How was this allowed to happen? This monthís Ruling to Remember goes through how an IRA custodian created 60-day IRA rollover problems. Read More

INSIDE ED SLOTT'S IRA ADVISOR NEWSLETTER

Court Rules Investorsí Hard-to-Value Assets are Not Worthless

Retirement Planning for Federal Employees

Preview This Issue and Subscribe



TWITTER TALK

@theslottreport: When a prohibited transaction occurs, your entire IRA is deemed distributed as of January 1 of the year you made the prohibited transaction.

@theslottreport: Great pt noted last night: Literally every seven minutes someone announced something that changed their income #tax filing #HIMYMFinale

Follow @theslottreport for INSTANT IRA information

RESOURCES

EXPERT PROFESSIONAL ASSISTANCE


Copyright © 2014 Ed Slott and Company, LLC