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COLUMN-Avoiding the 'withdrawal pains' of retirement accounts - Reuters
2016-12-14

COLUMN-Avoiding the 'withdrawal pains' of retirement accountsReutersBy Mark Miller CHICAGO, Dec 14 Ed Slott is one of the nation's top experts on IRAs. But a couple of years ago, someone near and dear to him neglected to take a required minimum distribution from one of her individual retirement accounts. "It happened ...and more »

The Best Ways to Avoid Boredom in Retirement - Wall Street Journal
2016-12-11

Wall Street JournalThe Best Ways to Avoid Boredom in RetirementWall Street Journal... if you have them.) After-tax funds, once they are inside your IRA, are mixed with pretax funds—and can't be “unmixed.” So, when the time comes to withdraw funds, you can't withdraw only after-tax funds, says Ed Slott, an IRA specialist in ...and more »

Estate Planning Tip: Creditor Protection for IRAs & Beneficiaries - Forbes
2016-12-09

ForbesEstate Planning Tip: Creditor Protection for IRAs & BeneficiariesForbesA $1 million inflation-adjusted limit applies to the federal bankruptcy protection rules for the aggregate value of Contributory and Roth IRAs. Accounting for inflation, this limit is $1,283,025 as of April 1, 2016, per Ed Slott & Co. Assets that have ...

Year-end required minimum distribution planning alert for first-timers - InvestmentNews
2016-12-08

InvestmentNewsYear-end required minimum distribution planning alert for first-timersInvestmentNewsThe first baby boomers turned 70 ½ in 2016. The rules can be confusing for new required minimum distribution clients, so here are a few pointers to review with your first-timers. Required minimum distributions begin in the year a client turns 70 ½, but ...and more »

Slow down before you invest in the Trump rally - CNBC
2016-12-08

CNBCSlow down before you invest in the Trump rallyCNBC"If you think you have some big gains, and you lock them in now, you'll have to pay a capital gains tax now," said Ed Slott, founder of Ed Slott and Co. in Rockville Centre, New York. "Under Trump, it may cost you less." You could offset those realized ...

End-of-Year Deadline Approaching for Baby Boomers - Satellite PR News (press release)
2016-12-05

End-of-Year Deadline Approaching for Baby BoomersSatellite PR News (press release)Ed Slott, CPA, a nationally recognized IRA expert, founder of Ed Slott and Company, and creator of www.IRAHelp.com, is alerting the eldest of the baby boomer generation of the December 31 deadline to decide whether to take that first RMD this year.and more »

End-of-Year Deadline Approaching for Baby Boomers - PR Newswire (press release)
2016-12-05

WDEF News 12End-of-Year Deadline Approaching for Baby BoomersPR Newswire (press release)Ed Slott, CPA, a nationally recognized IRA expert, founder of Ed Slott and Company, and creator of www.IRAHelp.com, is alerting the eldest of the baby boomer generation of the December 31 deadline to decide whether to take that first RMD this year.Thinking of Downsizing? Here Are the Questions to ConsiderWall Street Journalall 6 news articles »

Make sure you know what cracking that nest egg means - Lonoke News
2016-12-05

Lonoke NewsMake sure you know what cracking that nest egg meansLonoke NewsIt can only be broken open once," says retirement expert Ed Slott. Slott should know: He appears on PBS and conducts seminars nationally for financial advisers just on how to withdraw money from retirement accounts. The laws are so complicated that his ...and more »

Make sure you know what cracking that nest egg means - Philly.com - Philly.com
2016-11-20

Philly.comMake sure you know what cracking that nest egg means - Philly.comPhilly.comYour retirement nest egg is just that: Money "surrounded by an eggshell. It can only be broken open once," says retirement expert Ed Slott. - Erin Arvedlund ...and more »

Retire With MONEY: Retirement Planning for the Trump Era | MONEY - Money Magazine
2016-11-18

Money MagazineRetire With MONEY: Retirement Planning for the Trump Era | MONEYMoney MagazineThis week's Retire With MONEY newsletter features a look at what the Trump presidency could mean for retirement, plus good advice from around the web.and more »

Maximizing benefits for Roth beneficiaries - Chicago Tribune
2016-11-15

Maximizing benefits for Roth beneficiariesChicago TribuneEd Slott, the leading expert in retirement accounts, points out that some attorneys do not have the required expertise to advise clients regarding retirement plan issues. With a properly drawn up trust, required minimum distributions will be made based ...

Is a Roth IRA Conversion Allowed When a Retiree Is Turning 70½? - Money Magazine
2016-11-14

Money MagazineIs a Roth IRA Conversion Allowed When a Retiree Is Turning 70½?Money MagazineQ: Can you do a conversion from your IRA to a Roth IRA in the year you will be 70½? If so, must the conversion be done before you turn 70½? A: There's no age limit for doing a Roth conversion, says Jeffrey Levine, chief retirement strategist for Ed ...and more »

Inherited IRAs come with RMD strings attached - USA TODAY
2016-11-09

USA TODAYInherited IRAs come with RMD strings attachedUSA TODAYQ: My sister, who was two years older than me, died in 2003 leaving a small IRA for my nephew, my niece and myself. The distribution in writing was 50% for me and 25% each for my niece and nephew. The financial institution distributed 33% to both niece ...

Ask Kim: How do I figure my life expectancy for taking RMDs? - Chicago Tribune
2016-11-03

Ask Kim: How do I figure my life expectancy for taking RMDs?Chicago TribuneHowever, there are a few exceptions to the rule, and one of them is related to death during the year, says Jeffrey Levine, director of retirement education for Ed Slott and Co., an IRA consulting firm. Your RMD can still be calculated using the joint ...

New IRS rule could save $20000 on botched IRA rollovers - USA TODAY
2016-11-02

USA TODAYNew IRS rule could save $20000 on botched IRA rolloversUSA TODAYIn one fell swoop, this new guidance will save thousands of IRAs from the harsh bite of needless and accelerated taxation, according to Jeffrey Levine, chief retirement strategist with Ed Slott & Co. Levine answered our questions about the new guidance ...

The Biggest Mistake People Make Nearing Retirement - Wall Street Journal
2016-10-23

Wall Street JournalThe Biggest Mistake People Make Nearing RetirementWall Street JournalBut you certainly can act sooner than that, says Ed Slott, an IRA specialist in Rockville Centre, N.Y.. The year in which a person turns 70½ is his or her first “distribution year.” The first funds withdrawn from an IRA in a distribution year are ...

Distinct Differences Between Roth IRAs and Roth Balance in Your TSP - FEDweek
2016-10-17

Distinct Differences Between Roth IRAs and Roth Balance in Your TSPFEDweekA website that has lots of information on the ins and outs of IRAs (as well as a way to locate trained advisers) is https://www.irahelp.com/, this is the website of Ed Slott and Company. Though Slott's main business is training financial advisers in ...and more »

Answers to advisers' top questions on IRS' late IRA rollover relief - InvestmentNews
2016-10-14

InvestmentNewsAnswers to advisers' top questions on IRS' late IRA rollover reliefInvestmentNewsOct 14, 2016 @ 11:00 am. By Ed Slott. Share. + Zoom. On Aug. 24, the Internal Revenue Service issued Revenue Procedure 2016-47, providing immediate relief for most late 60-day rollovers. Here are questions advisers are asking about the new rules:.

Merrill Lynch hammers nail in coffin for investment commissions ... - KHOU.com
2016-10-12

KHOU.comMerrill Lynch hammers nail in coffin for investment commissions ...KHOU.comThe Labor Department's fiduciary rule doesn't go into effect until April, but firms already are changing the way they do business with investors. Merrill Lynch, the ...and more »

How you pay for investment advice is changing - USA Today - USA TODAY
2016-10-12

USA TODAYHow you pay for investment advice is changing - USA TodayUSA TODAYThe Labor Department's fiduciary rule doesn't go into effect until April, but Merrill Lynch's recent move shows that firms are already changing the way they do ...and more »

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