You are here

In The News

Retirement moves to make in the new year - Albany Times Union
2016-01-13

Retirement moves to make in the new yearAlbany Times UnionFace it: You probably could have done more in 2015 to help your retirement picture, and you weren't alone. A Capital One Bank survey released in December found that only a third of respondents accomplished their financial goals last year. But whether ...

Top Five State Of The Union Tax Predictions - Forbes
2016-01-11

ForbesTop Five State Of The Union Tax PredictionsForbesThe most notorious is a “401(k) cap” on how much you'll be permitted to save for your own retirement. Another is a proposal to end the “stretch IRA” popularized by rollover guru Ed Slott. The ultimate goal here is to prop up the waning defined benefit ...and more »

Retirement moves to make in 2016 - Chicago Tribune
2016-01-05

Chicago TribuneRetirement moves to make in 2016Chicago Tribune"Making IRA contributions is one of the few provisions left in the tax code that you can do early in the new year to affect last year's taxes," said Ed Slott, an accountant who produces IRA training workshops for financial advisers and consumers. While ...and more »

The Savings Game - Salina.com
2016-01-02

The Savings GameSalina.comShe assembles the wisdom of many reliable sources: Ed Slott (retirement plans), Michael Kitces (investment withdrawals), Moshe Milevsky (annuities), James Hunt (insurance), William Bernstein (investments) and the authors of “Get What's Yours” (Social ...

Newly improved retirement tax rules - InvestmentNews
2015-12-30

InvestmentNewsNewly improved retirement tax rulesInvestmentNews... withdrawn are still taxable, of course, but there's no 10% penalty if the newly enhanced exception applies. Ed Slott, a certified public accountant, created the IRA Leadership Program and Ed Slott's Elite IRA Advisor Group. He can be reached at ...

New book offers solid advice on preserving nest egg - Chicago Tribune
2015-12-29

New book offers solid advice on preserving nest eggChicago TribuneShe assembles the wisdom of many reliable sources: Ed Slott (retirement plans), Michael Kitces (investment withdrawals), Moshe Milevsky (annuities), James Hunt (insurance), William Bernstein (investments) and the authors of "Get What's Yours" (Social ...

INVESTORS, PLANS & MONEY: Impact investing - Wicked Local
2015-12-29

Wicked LocalINVESTORS, PLANS & MONEY: Impact investingWicked LocalHe is a member of the board of directors for the Financial Planning Association of Massachusetts and an Ed Slott Elite IRA Advisor. He is a co-founder and principal of WH Cornerstone Investments in Duxbury and Kingston, a firm dedicated to empowering ...

Shrewd Last-Minute 2015 Tax Steps You Can Take For Retirement Funds - Investor's Business Daily
2015-12-24

Investor's Business DailyShrewd Last-Minute 2015 Tax Steps You Can Take For Retirement FundsInvestor's Business DailyHe can withdraw it tax-free after five years if he is 59-1/2 or older. If you intend to convert to a Roth IRA this year, act soon. For it to count as a 2015 conversion, the funds must be out of your IRA by Dec. 31, says Beverly DeVeny, an IRA expert ...and more »

Year-end tax tip: What files to keep, what to throw away - MarketWatch
2015-12-23

MarketWatchYear-end tax tip: What files to keep, what to throw awayMarketWatchTaxpayers also need to review what IRA documents/form they should keep, for how long, and where, said Jeffrey Levine, an IRA technical consultant with Ed Slott and Company in Rockville Centre, N.Y. “Far and away the most important IRA-related document ...

You should get to know: Eric Peterson - DesMoinesRegister.com
2015-12-21

DesMoinesRegister.comYou should get to know: Eric PetersonDesMoinesRegister.comI am the only Ed Slott Master Elite IRA Advisor in central Iowa. Why I do what I do: I enjoy solving problems for people and making sure they achieve the retirement that they have always envisioned. What I do to get away from work: I enjoy golfing ...

Beware the early distribution penalty - InvestmentNews
2015-12-20

InvestmentNewsBeware the early distribution penaltyInvestmentNewsThe distribution would still be taxable and subject to the 10% penalty. Note 2013 changes to 10% penalty exception for medical expenses. Ed Slott, a certified public accountant, created the IRA Leadership Program and Ed Slott's Elite IRA Advisor Group.and more »

Beware the early distribution penalty - InvestmentNews - InvestmentNews
2015-12-20

InvestmentNewsBeware the early distribution penalty - InvestmentNewsInvestmentNewsWithdrawals before age 591/2 from plans and IRAs that are used to pay medical bills are generally exempt from the 10% early distribution penalty. But not all ...and more »

You Can Give Your 2015 IRA Required Distribution to Charity Now - Kiplinger Personal Finance
2015-12-18

Kiplinger Personal FinanceYou Can Give Your 2015 IRA Required Distribution to Charity NowKiplinger Personal FinanceContact your IRA administrator right away and ask about the procedures and time frame for making the transfer, recommends Jeff Levine, director of retirement education for Ed Slott and Company, which provides IRA advice. Find out whether you'll need to ...Congress Gives Americans a Tax Gift for ChristmasWall Street Journalall 182 news articles »

Congress Gives Americans a Tax Gift for Christmas--Update - Nasdaq
2015-12-18

Congress Gives Americans a Tax Gift for Christmas--UpdateNasdaq"Don't let a $25 tote bag cost you thousands of dollars in tax benefits," says Ed Slott, a CPA and IRA expert in Rockville Centre, New York. -- State and local sales-tax deduction. This provision allows taxpayers to deduct sales-tax payments instead of ...and more »

Congress Gives Americans a Tax Gift for Christmas - Nasdaq
2015-12-18

Congress Gives Americans a Tax Gift for ChristmasNasdaq"Don't let a $25 tote bag cost you thousands of dollars in tax benefits," says Ed Slott, a CPA and IRA expert in Rockville Centre, NY. -- State and local sales-tax deduction. This provision allows taxpayers to deduct sales-tax payments instead of state ...and more »

Congress Gives Americans a Tax Gift for Christmas - Wall Street Journal
2015-12-18

Wall Street JournalCongress Gives Americans a Tax Gift for ChristmasWall Street JournalCongress's Christmas-tree tax bill contains surprising presents: permanent extensions of tax benefits for individuals that have long been temporary. The Protecting Americans from Tax Hikes Act of 2015, or PATH, is expected to pass in current form by ...and more »

Congress Poised to Make Tax Break for IRA Charitable Transfers Permanent - Wall Street Journal
2015-12-16

Wall Street JournalCongress Poised to Make Tax Break for IRA Charitable Transfers PermanentWall Street Journal“IRA transfers are often the most tax-efficient way for people to make their charitable donations, but donors need to move quickly,” says Ed Slott, a CPA and IRA expert in Rockville Centre, NY. To count for 2015, transfers must be made before the end ...and more »

Are you required to take an IRA minimum distribution? Decoding RMDs - USA TODAY
2015-12-03

USA TODAYAre you required to take an IRA minimum distribution? Decoding RMDsUSA TODAY"A person's first RMD must be taken by this time," says Jeffrey Levine , a certified public accountant and IRA technical consultant with Ed Slott and Co. in Rockville Centre, N.Y. "However, if they wait until the year after they turn 70½ to take their ...

Don't Make These Common IRA Distribution Mistakes - Nasdaq
2015-12-02

Don't Make These Common IRA Distribution MistakesNasdaqRequired minimum distributions for clients with IRAs and other retirement accounts are often taken near year-end. The required beginning date for RMDs is generally April 1, following the year the client turns age 70 ½, but after that RMDs are due by ...and more »

Don't Make These Common IRA Distribution Mistakes - Financial-Planning.com
2015-12-01

Don't Make These Common IRA Distribution MistakesFinancial-Planning.comRequired minimum distributions foR clients with IRAs and other retirement accounts are often taken near year-end. The required beginning date for RMDs is generally April 1, following the year the client turns age 70 ½, but after that RMDs are due by ...and more »

Pages