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IRA

Using An IRA Rollover to Eliminate Federal Spousal Rights

An IRA could be useful to restrict certain inherent rights that are required within qualified retirement plans covered by ERISA.

Converting an Inherited 401(k) to Roth

Things to consider with an inherited 401(k) plan – such as, you can convert the plan to a Roth IRA, enjoying tax-free withdrawals afterward.

Which Account to Take your RMDs From

You have a decision to make when it comes to taking RMDs from your IRAs. You’re allowed to take them all from one, or one from all.

Arguments in Favor of a Rollover

Should you rollover that old retirement plan? In many cases, it makes a lot of sense. But not in all cases, of course.

Using an IRA Distribution and Withholding to Reduce Estimated Tax Payments

An IRA distribution can be used to reduce or eliminate those pesky quarterly estimated tax payments. See how.

Using the Prohibited Transaction Rules to Your Advantage

Is there a way to use the prohibited transaction rules for IRAs in your favor? Hypothetically, there seems to be.

Leaving Your IRA to Your Family First, Then to Charity

There is a way to leave your IRA eventually to a charity, but first provide some funds to your family, and save taxes to boot – the CRT.

Roth IRA for Youngsters

It’s a great idea to contribute to a Roth IRA for your child. It’s not a good idea to invent income in order to make the contribution, though.

2 Good Reasons to Use Direct Rollover From a 401(k) Plan

When moving funds from a 401(k) plan to an IRA or to another qualified plan, a direct rollover solves some potential problems.

Spouse May Be Your Best Option for IRA Beneficiary

Naming your spouse beneficiary of your IRA provides the most flexibility and tax benefits of all other options, hands down.

One Way to Use IRA Funds to Invest in Your Business

Is there a way to use your IRA funds to invest in your new startup business? As a matter of fact, there is! Just read on…

Withholding Tax Without Income?

Did you know you can have tax withheld from a distribution from an IRA without having to recognize income from the IRA?

Required Minimum Distributions (RMDs) Don’t Have to Be in Cash, But…

Did you know that you may be allowed to take distributions from your IRA in-kind? That includes Required Minimum Distributions (RMDs).

How a Spouse Can Stretch an Inherited IRA

What are the options for an individual who inherits an IRA from their late spouse? This is the most flexible type of beneficiary of an IRA.

Did You Break Your SOSEPP?

If you have a SOSEPP and you break it, chances are it’s going to cost you. There can be cases where you might be forgiven, but not many.

Forget your RMD? Here’s What to Do

If you forgot your RMD, you need to take action as soon as you realize it. Not doing so can be very costly!

Which Retirement Account Should You Tap First?

Wondering which retirement account you should access first? This article walks through some of the requirements and consequences to know.