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So You Think You Need to Name a Trust as the Beneficiary of Your ... - Yahoo Finance
2017-04-26

So You Think You Need to Name a Trust as the Beneficiary of Your ...Yahoo FinanceIn two weeks I had three trusts come across my desk that were named as the beneficiary of the account owner's IRA. The first trust was a Colorado trust.and more »

Help clients use qualified charitable distributions to save on taxes - InvestmentNews
2017-04-14

InvestmentNewsHelp clients use qualified charitable distributions to save on taxesInvestmentNewsCharitable IRA rollovers, technically known as qualified charitable distributions, save taxes. So why aren't clients taking advantage of them? We're not seeing many people using them, when most clients who qualify should be. This tax benefit has been ...

Donald Trump vs. Bill Clinton: Same age, but different IRA rules - Yahoo Finance
2017-04-12

Donald Trump vs. Bill Clinton: Same age, but different IRA rulesYahoo FinanceTraditional IRA contributions can no longer be made for the year a person turns age 70 ½ or older. Ed Slott, a certified public accountant, created the IRA Leadership Program and Ed Slott's Elite IRA Advisor Group. He can be reached at irahelp.com.

Financial Spring Cleaning: Which Documents To Save And Which Papers To Toss - Forbes
2017-04-11

ForbesFinancial Spring Cleaning: Which Documents To Save And Which Papers To TossForbesRetirement - The most important paperwork item is the beneficiary form, says CPA Ed Slott, of N.Y. The beneficiary form you fill out when you open a retirement account—not your will/living trust— says who gets your account after your death. Make sure ...and more »

Retirement mistakes to avoid in your 20s and 30s - Yahoo Finance
2017-04-06

Yahoo FinanceRetirement mistakes to avoid in your 20s and 30sYahoo FinanceThe last thing millennials may be thinking about is retirement, but according to CPA and retirement expert Ed Slott, that should be the first thing on their minds. People in their 20s and 30s “go through more life transitions than at any other age ...and more »

Tax dodgers: Excuses and dubious strategies won't save you on taxes - CNBC
2017-04-04

CNBCTax dodgers: Excuses and dubious strategies won't save you on taxesCNBCThis is predicated on the idea that if business profits are funneled through the Roth, they will be tax free, said CPA Ed Slott, founder of Ed Slott and Company in Rockville Centre, New York. Under normal circumstances, withdrawals from a Roth IRA are ...and more »

You'll Want To Hear This Top Pro's Tips On How To Pick An Advisor - Investor's Business Daily
2017-03-31

Investor's Business DailyYou'll Want To Hear This Top Pro's Tips On How To Pick An AdvisorInvestor's Business DailyA certified public accountant, Ed Slott oversees a business that centers on retirement planning and education. His firm, Ed Slott & Co., trains advisors on IRAs and other tax-deferred savings vehicles. The author of many books including "Ed Slott's ...The April 1 Tax Deadline Hitting Oldest Baby Boomers - ForbesForbesall 23 news articles »

4 basic money principles Iwish I knew after graduation - The Manila Times
2017-03-31

4 basic money principles Iwish I knew after graduationThe Manila TimesAccording to financial author Ed Slott, “Time is the greatest money-making asset an individual can possess.” When your folks say time is money, they are correct! Do not wait until you are in your 30s, 40s or 50s before you start investing. An advantage ...

The April 1 Tax Deadline Hitting Oldest Baby Boomers - Forbes
2017-03-31

ForbesThe April 1 Tax Deadline Hitting Oldest Baby BoomersForbesTax day is Tuesday, April 18 this year—giving procrastinators a little leeway from the traditional April 15 deadline. That's when you file your federal and state income tax returns for the 2016 tax year. But there's another April tax deadline for lots ...and more »

Errors in taking retirement distributions can be costly - Salina Journal (subscription)
2017-03-30

Errors in taking retirement distributions can be costlySalina Journal (subscription)IRS regulations are precise regarding IRAs and RMDs. Penalties are expensive. Make sure you and your beneficiaries are well-informed. Ed Slott's books will be helpful. A good one is “The Retirement Savings Time Bomb … and How to Defuse It” (Penguin ...

The Roth Mistake You Need to Undo before April 18 - Investopedia
2017-03-29

InvestopediaThe Roth Mistake You Need to Undo before April 18InvestopediaForm 5329 is regarded as its own tax return, so if you don't file, the IRS can levy “a failure to file penalty, plus accuracy-related penalties,” according to Jeffrey Levine, chief retirement strategist at Ed Slott & Co. in Rockville Centre, New York ...

Here's why that big tax refund isn't great news for you - CNBC.com - CNBC
2017-03-29

CNBCHere's why that big tax refund isn't great news for you - CNBC.comCNBCEveryone loves getting something back from Uncle Sam this time of year. Think twice before you celebrate that small windfall.and more »

Should the US raise the age for required IRA distributions? - MarketWatch
2017-03-29

MarketWatchShould the US raise the age for required IRA distributions?MarketWatchEd Slott, an IRA specialist and certified public accountant, argues that the government should raise the age for mandatory withdrawals from retirement accounts. Robert L. Meyer, CEO and chief investment officer of Ibis Capital, makes the case for ...and more »

$7000 in Roth IRA contributions that became $6 million in tax-free gains - Financial Planning
2017-03-28

Financial Planning$7000 in Roth IRA contributions that became $6 million in tax-free gainsFinancial PlanningHow can $7,000 in Roth IRA contributions turn into a $6 million tax-free gain? And can you help your clients take advantage of the strategy that allows this to happen? Before you jump in, however, there's another question: Should you help your clients ...and more »

Self-Directed IRA CEO Lists Three Investment Books That Investors ?Must Read - IT Business Net
2017-03-27

Self-Directed IRA CEO Lists Three Investment Books That Investors ?Must ReadIT Business NetEd Slott's Retirement Decisions Guide," is specifically geared toward people who have to navigate retirement investing and make life-changing decisions at what feels like every turn. This means the list goes beyond basic investing knowledge and ...and more »

Planning for a Low-Tax, High-Deficit World - Bloomberg
2017-03-23

BloombergPlanning for a Low-Tax, High-Deficit WorldBloombergBut when it comes to converting your tax-deferred IRA to a tax-free Roth one, Ed Slott thinks now may be the exception. “Tax rates may never get lower in your lifetime than in 2017,” says the accountant and creator of the personal finance website ...and more »

Errors in taking retirement distributions can be costly - Chicago Tribune
2017-03-21

Errors in taking retirement distributions can be costlyChicago TribuneInvestors know that there are many advantages to IRAs and other retirement plans. However, owners of these accounts and their beneficiaries don't always follow the complex IRS regulations associated with them, and the penalties can be significant.

Want To Be A Richer Retiree? 12 Ways An IRA Can Help - Nasdaq
2017-03-20

NasdaqWant To Be A Richer Retiree? 12 Ways An IRA Can HelpNasdaq"You control the money," said Ed Slott, founder of IRAhelp.com. "You don't have to work for a company. You don't have to follow a company retirement plan's rules. You can keep the IRA where you want. You can consolidate all of your retirement accounts ...Should the US Raise the Age for Mandatory IRA Withdrawals?Wall Street Journal (subscription)all 24 news articles »

Should the U.S. Raise the Age for Mandatory IRA Withdrawals? - WSJ - Wall Street Journal (subscription)
2017-03-19

Wall Street Journal (subscription)Should the U.S. Raise the Age for Mandatory IRA Withdrawals? - WSJWall Street Journal (subscription)Those in favor say 70½ is too young a threshold, because Americans are living longer and retiring later. Skeptics say raising the age could hurt retirement ...and more »

Should the US Raise the Age for Mandatory IRA Withdrawals? - Wall Street Journal
2017-03-19

Wall Street JournalShould the US Raise the Age for Mandatory IRA Withdrawals?Wall Street JournalEd Slott, an IRA specialist and certified public accountant, argues that the government should raise the age for mandatory withdrawals from retirement accounts. Robert L. Meyer, CEO and chief investment officer of Ibis Capital, makes the case for ...and more »

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