share: email facebook twitter
View IRA Updates in Browser
Volume 8 Issue 5

Learn more about TRUST strategies on May 12




FOR DAILY IRA INFO

The Slott Report has a new
home! Check us out for daily info at www.IRAhelp.com/slottreport







IRA Focus


QUESTION OF THE MONTH

Should I Name a Trust as My IRA Beneficiary?

Q: How do I leave my IRA to my minor grandson? Should I appoint a custodian, a trust, or something/someone else? I am getting varying answers from lawyers. I want to make sure my 9-year-old grandson gets my IRA. The lawyer said I have a trustee to my estate in my will, but I need to be sure. The Answer

MAY KEY FOCUS

4 Steps to Taking a Roth Conversion After Age 70 1/2

People are working and living longer, making the Roth conversion strategy a feasible part of a financial and retirement plan. We break down the 4 steps you must take in order to properly execute a Roth conversion after age 70 1/2, which is normally the date you must begin taking required minimum distributions from IRAs and employer plan accounts. Read More

RULING TO REMEMBER

TIGTA Addresses IRS Action on Excess IRA Contributions

A new Treasury Inspector General for Tax Administration (TIGTA) report found that IRS hasnít done enough to address the problem of tax payers making excess contributions to IRAs. We provide the main details of the report and how IRS plans to address the problem. Read More

INSIDE ED SLOTT'S IRA ADVISOR NEWSLETTER

Tax Court Decisions Highlights the Differences in the Way Retirement Plan Distributions and Social Security are Taxed

IRS Allows Late Recharacterization of Annual Roth IRA Contributions

Preview This Issue and Subscribe



TWITTER TALK

@theslottreport: @cnbc Can you retire early? Three things will determine it: http://cnb.cx/1yxU9Xj

@theslottreport: 3 reasons a small biz owner should consider a #401(k) over a SEP #IRA. http://bit.ly/1Kiw4nV #smallbusinessweek

Follow @theslottreport for INSTANT IRA information

RESOURCES

EXPERT PROFESSIONAL ASSISTANCE


Copyright © 2015 Ed Slott and Company, LLC