HAPPY THANKSGIVING! WE ARE THANKFUL FOR THESE 5 IRA RULES

By Sarah Brenner, JD IRA Analyst Thanksgiving is only a few days away. This is a time when we gather together and express our gratitude for all the good things in our lives. When it comes to our retirement accounts, we too often complain about the negatives, such as...

401(K) AND IRA RMDS: TODAY’S SLOTT REPORT MAILBAG

By Andy Ives, CFP®, AIF® IRA Analyst Question: I am 70 ½ and still working in 2018.  If I work part time (still employed) in 2019, can I delay my 401K RMD until 2020? Best regards, Will Answer: Will, If you are still employed by the company that is offering the 401(k)...

RETIREMENT ENHANCEMENT AND SAVINGS ACT OF 2018 – RESA

By Andy Ives, CFP®, AIF® IRA Analyst There is a 131-page bill currently working its way through the U.S. legislature. The proposal would amend the Internal Revenue Code and encourage retirement savings. While the “Retirement Enhancement and Savings Act of 2018,” or...

ROLLING OVER YOUR IRA? BE CAREFUL WITH YOUR RMD

By Sarah Brenner, JD IRA Analyst The road to retirement is long. Along the way you may need to move the funds in your IRA. When that time comes, you will want to be sure that everything is done correctly. Moving your retirement funds can be tricky and the consequences...

GLIDE PATH TO A LANDING POINT

By Andy Ives CFP®, AIF® IRA Analyst Assisting business owners with the establishment of a new 401K plan brings a multitude of questions.  From plan design to investment options to employee education, everything is in play. One common topic of discussion is the plan’s...