WHAT’S THE PROCESS WHEN A TRUST (OR ESTATE) IS IRA BENEFICIARY?

The same conversation has, understandably, been repeated many times. The questions are similar: “What do we do when a trust (or estate) is IRA beneficiary? How do we set up the account? Aren’t we now stuck with the high trust tax rates?” Of course, there is not enough...

WHAT ARE THE RULES FOR 401(K) IN-SERVICE WITHDRAWALS?

Congress has determined that 401(k) and other company plan funds, with certain exceptions, should be saved for retirement. For that reason, it has imposed strict restrictions on the ability of employees to withdraw from these plans while still working. Plans must...

5 COMMON IRA MISTAKES AND PROPER CORRECTIVE ACTION…IF AVAILABLE!

By Andy Ives, CFP®, AIF® IRA Analyst Follow Us on X: @theslottreport   Year after year, many of the same IRA errors happen again and again. Based on the volume of times these mistakes occur, it seems appropriate to create a short list of repeat offenders…and...