403(b) | Ed Slott and Company, LLC

403(b)

Are You Over 70.5 Years Old and Still Working? Take Advantage of These Benefits: This Week’s Q&A

This week's Slott Report Mailbag looks into 403(b) plans, RMDs, still-working exceptions, and trusts. 

Imperative Q&A's involving Transfers, Rollovers, and Beneficiaries

This week's Slott Report Mailbag looks into indirect and direct transfers, 60-day rollovers, trusts as a beneficiary, and 403(b)'s.

Don't Make This Common RMD Mistake - It's a Big Penalty!

With the first group of Baby Boomers turning age 70 ½ this year, there is a whole new group of IRA owners who will begin taking required minimum distributions (RMDs). It is important that they know the rules about aggregating RMDs in order to avoid this frequent mistake made by individuals, advisors, and even IRA custodians and employer plans.

Can I Convert My 403(b) to a Roth IRA?

This week's Slott Report Mailbag looks at the possibility of converting a 403(b) to a Roth IRA and outlines the qualified charitable distribution (QCD) process and who is eligible to take advantage of it.

What Are My Options For Naming a Trust as IRA Beneficiary for a Minor Grandchild?

This week's Slott Report Mailbag looks at the logistics of naming a trust as IRA beneficiary for minor children and strikes down a common mistake made by employer plans when dealing with employer plan distributions rolled over to an IRA.

A Retirement Planning Provision Hidden in a Trade Bill

What does a trade bill have to do with retirement accounts? Well, buried deep inside one of the bills was a provision expanding the “Age 50 Exception” to the 10% early distribution penalty, beginning in 2016. Here's what you need to know.

5 Incredible Facts About the Current Retirement Market

According to recent statistics and government reports, retirement assets, and IRA assets in particular, are on the rise. Here are 5 incredible facts about the current retirement market.

Can an IRA Distribution Cover My 403(b) RMD?

ed slott IRA questions
In this week's Slott Report Mailbag, we answer questions on if you can cover your employer plan RMD (required minimum distribution) with an IRA distribution, the rules governing 401(k)-to-IRA rollovers and the logistics of setting up your IRA for three beneficiaries.

Can I Move Non-IRA Assets to an Inherited IRA?

ed slott IRA questions
This week's Slott Report Mailbag examines how to title beneficiary IRA trusts and answers questions on moving non-IRA assets to inherited IRAs and accessing 403(b) funds and moving them to different accounts while still working.

Multiple Retirement Accounts and RMDs: Can I Take the Required Distribution From One Account?

You or your client has several retirement accounts. Can you take the required minimum distribution (RMD) from just one account? The answer is maybe. Let’s start with what you cannot do. You cannot take the RMD for one type of account from a different type of account.

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