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CNBCFor early filers, that tax-refund check is in the mailCNBC"The IRS is trying to be more careful about refunds," said Ed Slott, a CPA and founder of Ed Slott and Co. in Rockville Centre, New York. "Identity thieves file fake returns early and collect the refunds." Thieves have a variety of ways to snag your ...and more »
Column: Tax tips for boomers taking required minimum IRA distributionsPittsburgh Post-Gazette“Those who are the biggest savers get hit the hardest because they saved the most,” said Ed Slott, who advises retirees and hosts a public-television show on saving and retirement vehicles. “RMDs really change the way you do taxes. When you're working, ...
Philly.comTax tips for boomers taking required minimum IRA distributionsPhilly.com"Those who are the biggest savers get hit the hardest because they saved the most," said Ed Slott, who advises retirees and hosts a public-television show on saving and retirement vehicles. (He'll be appearing March 13 on WHYY in Philadelphia).
CNBCTax refund checks are finally in the mailCNBC"The IRS is trying to be more careful about refunds," said Ed Slott, a CPA and founder of Ed Slott and Co. in Rockville Centre, New York. "Identity thieves file fake returns early and collect the refunds." Thieves have a variety of ways to snag your ...and more »
Money MagazineThis Tax Trick Could Be Incredibly Useful in 2017Money Magazine“It's about the only tax do-over you can get,” says CPA Jeffrey Levine of Ed Slott & Co. One reason such a “recharacterization” could be particularly valuable this year is that Washington is working on proposals that may lower income tax brackets. That ...8 IRA-Related Mistakes Young Professionals Need To AvoidForbesall 17 news articles »
Forbes8 IRA-Related Mistakes Young Professionals Need To AvoidForbesFor those deciding what kind of IRA to open, when you should open it, and how much you should be contributing, I outlined pitfalls to avoid with help from Ed Slott, a CPA and retirement expert who wrote Fund Your Future; A Tax-Smart Savings Plan in ...and more »
CNBCDon't celebrate that giant tax refundCNBC"Psychologically, it's not a terrible thing to have a little bit of a refund," said Jeffrey Levine, chief retirement strategist at Ed Slott and Co. in Rockville Centre, New York. "But if you overpay throughout the year, it's not the right move." Here's ...and more »
InvestmentNewsHow to help millennials avoid big mistakes with their IRAsInvestmentNewsMillennials need retirement help. They're making critical IRA mistakes that will cost them exponentially over time. They need human advisers, not just robo-advisers who offer no guidance. Advisers can tap into the millennial IRA market through existing ...and more »
A note to Retirement Weekly readersMarketWatchOne such change: We are launching “Retirement Adviser,” a new department that will feature articles written by advisers who are members of Ed Slott's Elite IRA Advisor Group, an organization of financial advisers dedicated to being retirement account ...
Yahoo Finance33 Smart Ways to Cut Your Taxes Right NowYahoo FinanceBut it's not risky to go ahead, since you can undo a 2017 Roth conversion as late as mid-October 2018. “It's about the only tax do-over you can get,” says CPA Jeffrey Levine of Ed Slott & Co. Do this only if you can pay taxes with money outside your ...and more »
Wall Street JournalWhere Retirees Can Find Continuing-Ed ClassesWall Street JournalSecond, check to see if your retirement plan includes highly appreciated company stock, says Ed Slott, an IRA expert in Rockville Centre, N.Y. If so, you might benefit from a tax break for “net unrealized appreciation,” or NUA. In short, you would ...
INVESTORS, PLANS & MONEY: Resolution: Create more wealthWicked Local MarionReading motivational stories is how I love to spend New Year's Day. Instead of New Year's resolutions, I review what I am trying to accomplish for the upcoming ...and more »
Accountingweb.com4 Tips for Completing IRA Rollovers the Right WayAccountingweb.com“The court's ruling directly conflicted with long-standing precedent,” recalled retirement specialist Ed Slott in Investment News. Know Your Rollovers For investors, accountants, and financial advisors, IRA rollover decisions are growing in importance.and more »
MarketWatchThe best ways to avoid boredom in retirementMarketWatchSo, when the time comes to withdraw funds, you can't withdraw only after-tax funds, says Ed Slott, an IRA specialist in Rockville Centre, N.Y.. Slott calls this “the cream-in-the coffee” rule. Once you put cream in your coffee, you can't take out just ...
InvestmentNewsNow is the time to review and correct 1099-R tax formsInvestmentNewsSometimes the full fair market value is entered instead. That's a big mistake and wipes out the tax benefit. NUA distributions are usually for large amounts, so make sure the reporting is correct. Ed Slott, a certified public accountant, created the ...and more »
TAPinto.netThe Two Gifts of the Tax Code - Basking Ridge NJ News - TAPintoTAPinto.netThe two gifts of the tax code are the Roth conversion and life insurance.” -Ed Slott, CPA.and more »
MarketWatchThinking of downsizing in retirement? Consider these questionsMarketWatchYes, the accounts can be combined—as long as the grandchildren are named as the beneficiaries on the Roth IRA beneficiary form for each Roth IRA when the last grandparent dies, says Ed Slott, an IRA specialist in Rockville Centre, N.Y. Also, a ...and more »
Motley Fool"Have It Your Way" Retirement Accounts: 4 Things to Know About Self-Directed IRAsMotley Foolsaid Jeffrey Levine, chief retirement strategist and director of retirement education at Ed Slott and Co. That's all possible, said Levine. But if you do, it's important to understand what you own and how you can make, or lose, money. A self-directed ...and more »