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Transform your parents' medical bills into tax-free retirement savings - MarketWatch
2016-09-27

MarketWatchTransform your parents' medical bills into tax-free retirement savingsMarketWatchBrian Vnak is a director of Integrated Advice Strategies at Wealth Enhancement Group, Minneapolis, helping clients develop and implement sophisticated financial, tax and estate solutions. Brian is a CFP® professional, a CPA, and a member of Ed Slott's ...IRS more lenient on 60-day rolloverInvestmentNewsall 24 news articles »

Business agenda for the week of Sept. 18 - Sarasota Herald-Tribune
2016-09-25

Business agenda for the week of Sept. 18Sarasota Herald-TribuneRagnar A. Mossberg, a member of Ed Slott's Master Elite IRA Advisor Group, will speak on how to provide a solid, safe and secure retirement income plan, changes to the Social Security law, and weathering the current economic storm. To register for this ...and more »

IRS more lenient on 60-day rollover - InvestmentNews - InvestmentNews
2016-09-25

InvestmentNewsIRS more lenient on 60-day rollover - InvestmentNewsInvestmentNewsFiling late used to be difficult and costly to correct, but new rule alleviates a lot of the pain.and more »

Will the state take your client's IRA? It can - InvestmentNews
2016-09-16

InvestmentNewsWill the state take your client's IRA? It canInvestmentNewsCan the state really make off with your client's IRA? Yes! It's called escheatment and states have been using this tactic more aggressively to bring in money. In a recent private letter ruling (PLR 201611028, released by IRS on March 11, 2016), the IRS ...

QLACs Can Deliver Late-in-Life Income - Kiplinger Personal Finance
2016-09-09

Kiplinger Personal FinanceQLACs Can Deliver Late-in-Life IncomeKiplinger Personal Finance... just $87 million of the $729 million invested in deferred annuities went to QLACs, according to LIMRA, a life-insurance company trade group. Part of the reluctance is that today's record-low interest rates are built into returns. But IRA expert Ed ...

Memo to divorcing boomers: Watch your assets - CNBC
2016-09-09

CNBCMemo to divorcing boomers: Watch your assetsCNBCWhen a marriage ends, it's also a good time to check or change the beneficiaries of those accounts, said Jeffrey Levine, chief retirement strategist at Ed Slott & Co. "After any life event, and especially a divorce, people should always be sure to ...

Goldstein on Gelt: What Happens to Your IRA Account When You Move Overseas? - The Jewish Press (blog)
2016-09-05

Goldstein on Gelt: What Happens to Your IRA Account When You Move Overseas?The Jewish Press (blog)IRA expert Ed Slott, author of Ed Slott's 2016 Retirement Decisions Guide, presents options of what you should do with your IRA (Individual Retirement Account) when you move to Israel. When living and saving for retirement in Israel, Americans need to ...

4 Ways to Make the Most of an Inherited IRA - Kiplinger Personal Finance
2016-09-01

Kiplinger Personal Finance4 Ways to Make the Most of an Inherited IRAKiplinger Personal FinanceEach heir can then devise a personal investment strategy and, notes Jeffrey Levine, chief retirement strategist for IRA advice firm Ed Slott and Co., name his or her own beneficiaries. 3. Pay out a nonperson's share. If you are named an heir along with ...

Wealth Adviser Daily Briefing: IRS Gives a Gift, Obama Nudges States on Retirement Plans - Wall Street Journal (blog)
2016-08-26

Wealth Adviser Daily Briefing: IRS Gives a Gift, Obama Nudges States on Retirement PlansWall Street Journal (blog)People have lost retirement accounts because they were unaware of the 60-day limit,” Ed Slott, an IRA expert who practices in Rockville Centre, N.Y., told the WSJ. Below, some of the best analysis and insight from WSJ writers and columnists, and beyond ...

IRS gives break to people who miss IRA rollover window - San Francisco Chronicle
2016-08-25

San Francisco ChronicleIRS gives break to people who miss IRA rollover windowSan Francisco ChronicleMost of these excuses could be claimed in a private letter ruling, but now they are more explicit, said Jeff Levine, chief retirement strategist with Ed Slott and Co. The revenue procedure includes a sample letter you can file with the trustee or ...all 9 news articles »

IRS Eases a Costly Tax Pitfall for Retirement Savers - Money Magazine
2016-08-24

Money MagazineIRS Eases a Costly Tax Pitfall for Retirement SaversMoney Magazine“This is a big deal and it will help a lot of people,” says Ed Slott, a certified public accountant and founder of www.IRAhelp.com. Before, affected savers not only faced taxes and penalties but saw the affected sums lose their tax-advantaged status ...and more »

Health savings accounts are a great back-door way to fund your retirement - CNBC
2016-08-19

CNBCHealth savings accounts are a great back-door way to fund your retirementCNBC... withdrew $11.8 billion, according to Devenir. "People think, 'I put the money in there for health expenses. I have a health issue, so I'll use the money now,'" said Jeffrey Levine, chief retirement strategist at Ed Slott & Co. "That isn't the most ...and more »

Ask the Expert: In gifting money from IRA, make sure you can afford it - Newsday
2016-08-15

NewsdayAsk the Expert: In gifting money from IRA, make sure you can afford itNewsday“There are practical, enjoyable ways to have a lasting impact on his grandchildren that won't endanger his own survival, like taking them to the movies or to baseball games,” says Ed Slott, a Rockville Centre tax accountant. “Those are experiences they ...

Using Roth 401(k)s to 'Supersize' Retirement Savings: Ed Slott - ThinkAdvisor
2016-08-11

ThinkAdvisorUsing Roth 401(k)s to 'Supersize' Retirement Savings: Ed SlottThinkAdvisorYounger workers are increasingly attracted to Roth IRAs, but Roth 401(k)s allow them to save even more, IRA expert Ed Slott says.and more »

Avoid this disastrous IRA blunder - Financial Planning
2016-08-08

Financial PlanningAvoid this disastrous IRA blunderFinancial PlanningEd Slott is the author of many books on IRAs. Steve's advisers joined another firm and became affiliated with a different custodian. Steve met with his advisers and decided to transfer his IRAs to the new custodian. In error, his advisers gave Steve a ...

How Retirees Can Make New Friends: Our Readers' Tips - Wall Street Journal
2016-08-07

Wall Street JournalHow Retirees Can Make New Friends: Our Readers' TipsWall Street JournalIf your wife dies before you and if your grandchildren inherit your Roth, they should first split the account into two separate, and properly titled, inherited Roth IRAs, says Ed Slott, an IRA specialist in Rockville Centre, N.Y. Example: “John Smith ...and more »

Here's what to do if you don't need your IRA cash right now - CNBC
2016-08-03

CNBCHere's what to do if you don't need your IRA cash right nowCNBCIt's a simple answer, said Ed Slott, IRA expert and owner of Ed Slott & Co. in Rockville Centre, New York. You are not allowed to make that conversion. However, you can use that money to pay taxes on other IRA dollars that you wish to convert. Here's a ...

RMDs can create future tax savings - InvestmentNews
2016-07-22

InvestmentNewsRMDs can create future tax savingsInvestmentNews... and can reduce the related loss of deductions, credits and exemptions that can result from higher income. Ed Slott, a certified public accountant, created the IRA Leadership Program and Ed Slott's Elite IRA Advisor Group. He can be reached at ...and more »

Jeffrey Levine - Credit Union Times
2016-07-16

Jeffrey LevineCredit Union TimesJeffrey Levine is an IRA Technical Consultant with Ed Slott and Company, LLC. He is an expert in IRA distribution planning and is a consultant for both advisors and clients. Jeffrey is a contributing writer and editor for Ed Slott's IRA Advisor ...

How to work around potential caps to your IRA and 401(k) - CNBC
2016-07-12

CNBCHow to work around potential caps to your IRA and 401(k)CNBC"The budget is more of a wish list," said Jeffrey Levine, CPA and chief retirement strategist at Ed Slott and Co. In the past, "of the 15 or 16 retirement-related proposals [Obama] made, none of them happened," he said. Right now, IRA and 401(k) plan ...and more »

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