IRA Updates

Ed Slott


A Preview of Ed Slott's New Book: The New Retirement Savings Time Bomb

By Ed Slott, CPA

By Ian
                                                          Berger, JD

If you’re a dedicated Ed Slott and Company fan, at this point, you’ve likely heard about my upcoming new book, The New Retirement Savings Time Bomb (Penguin Random House, 2021). If you haven’t, then you’ve come to the right place to get a sneak peek of the timely, all-encompassing content it contains to navigate the retirement planning landscape in 2021 and beyond. It’s already a #1 new release in the retirement planning category on Amazon, and it’s officially being released tomorrow!

In this special edition of the Slott Blog Report, I’m giving you an exclusive preview of my book by providing a few excerpts pulled directly from the book’s pages. I encourage you to also check out this video to hear more about why I wrote the book and how it can help you keep more of your hard-earned money.




How to Find Good Advice on Using Individual Retirement Account Income

By Ed Slott, CPA

Every month, IRA expert Ed Slott is taking your questions about Individual Retirement Accounts on AARP:

I am 62 and plan on working to 65 before retirement. I am already receiving a pension from a prior job. I would like to seek advice from a professional regarding the best ways to position my retirement assets prior to retirement. Also interested in best time for my wife and me to begin Social Security.

What type of financial professional or resources should I seek out for this type of advice?

It's good you are looking to get professional advice on this, because there are several factors you need to consider: mainly income and taxes in your retirement years. As a CPA and retirement tax adviser, I did exactly this type of planning for many years, so I know what's involved here and am happy to offer my assistance to you.



Q: I converted (no contributions were made) funds from my self-directed IRA to my Roth IRA, my age is over 59 ½, but my Roth IRA is only one year old. May I withdraw the conversion amount without the 10% penalty under the age exception to the five year rule?


Q: I know that workers over 70 ½ can now contribute to a traditional IRA. Can they contribute to a SIMPLE IRA?


Have a question for our IRA Technical Team?
Email your questions to us at Selected questions will be featured every Thursday in the Slott Report.



Jill on





Tune in live 6:00 – 6:30 p.m. ET, Tuesday, March 2 for:

  • Author Q&A with Jill Schlesinger, CFP®, Emmy-nominated and Gracie Award-winning Business Analyst for CBS News
  • Trivia
  • Giveaways
  • And more!

Mark your calendar and visit at 6:00 p.m. ET tomorrow night as we stream on YouTube Live!


Have more, keep more and make it last!

Order your copy of The New Retirement Savings Time Bomb by March 7 for access to an exclusive 20-minute mini course from Ed Slott on critical rollover decisions.


9:00 a.m. ET Monday, March 8

  • What is “The New Retirement Savings Time Bomb”? And why it matters now
  • How to eliminate the uncertainty of huge unpaid debt at future tax rates
  • Critical tax and legal conversations to initiate in 2021

1 CPE Hour Available | Learn More & Register


2:00 p.m. ET Tuesday, March 9

  • How IRAs and Roth IRAs fit into retirement planning
  • How legislation like the SECURE Act presents new challenges and opportunities in retirement planning
  • How clients can benefit from IRA planning strategies

1 CE Hour Available | Learn More & Register


2:00 p.m. ET Monday, March 22

  • What clients won’t see on this year’s 1099-R Forms
  • Planning opportunities to act on before April 15
  • 2021 RMD planning

Learn More & Register



Timely, Advanced Retirement Planning Education

For financial pros looking to gain a competitive advantage with their professional knowledge, subscribe to Ed Slott's IRA Advisor and our new Heather Schreiber’s Social Security Advisor monthly newsletters!