IRA Blog
Ed Slott’s Elite IRA Advisor Group (Ed Slott Group) is a membership organization owned by Ed Slott and Company, LLC. Logos and/or trademarks are property of their respective owners and no endorsement of (Rankin Financial Strategies) is stated or implied. Ed Slott Group and Ed Slott and Company, LLC are not affiliated with Rankin Financial Strategies.
For the detailed requirements of Ed Slott’s Elite IRA Advisor Group, please visit: https://www.irahelp.com/
A PHILOSOPHICAL SLOTT REPORT ENTRY
By Andy Ives, CFP®, AIF® IRA Analyst Trapped. For two nights in July, I slept on the floor at Atlanta Hartsfield International Airport – a victim of the mass Delta...
IRS FINAL REGULATIONS LOOSEN DEFINITION OF “ELIGIBLE DESIGNATED BENEFICIARY”
By Ian Berger, JD IRA Analyst One of the positive outcomes of the new IRS final SECURE Act regulations on required minimum distributions (RMDs), released on July 18, is...
INHERITED IRAS AND NET UNREALIZED APPRECIATION: TODAY’S SLOTT REPORT MAILBAG
QUESTION: I inherited both a traditional and a Roth IRA from my significant other (non-spouse) who passed away in 2021. He had started taking required minimum...
NEW RMD REGS HAVE A SURPRISING RESULT FOR MINOR CHILD BENEFICIARIES
By Sarah Brenner, JD Director of Retirement Education In newly released final required minimum distribution (RMD) regulations, the IRS is doubling down on its position...
HOW ARE ANNUAL RMDS IN THE 10-YEAR PERIOD CALCULATED?
By Ian Berger, JD IRA Analyst In the July 22, 2024 Slott Report, my colleague Sarah Brenner explained how the IRS, in its final SECURE Act required minimum distribution...
REQUIREMENT DURING 10-YEAR RULE STANDS
By Sarah Brenner, JD Director of Retirement Education On July 18, 2024, the IRS issued final required minimum distribution (RMD) regulations under the 2020...
ROTH CONVERSIONS AND SIMPLE IRA RMDS: TODAY’S SLOTT REPORT MAILBAG
By Ian Berger, JD IRA Analyst Question: One of our clients wants to cash out his IRA and then roll it into a Roth IRA within 60 days. Can this be done directly, or does...
PART 1: INHERITED ROTH IRA BY NON-SPOUSE BENEFICIARY – 5-YEAR CLOCK ISSUES?
By Andy Ives, CFP®, AIF® IRA Analyst When an IRA owner does a Roth conversion, there is typically a 5-year clock for the earnings on the converted dollars to be...
IRS “HYPOTHETICAL RMD RULE” PREVENTS SURVIVING SPOUSES FROM AVOIDING RMDS
By Ian Berger, JD IRA Analyst One of the more interesting rules (if any could be called “interesting”) from the 2022 IRS proposed regulations requires spouse...