Tutorial: Who Can Establish and Fund a Roth IRA: Eligibility Requirements
A Roth IRA can be opened (established) by anyone, regardless of age, income, or marital status. As long as an individual is able to satisfy the
Advisor Retirement Planning Resources
Tools that the financial, tax and legal advisor may use to simplify the rules and regulations that apply to tax-deferred retirement savings accounts- IRAs, Roth IRAs, employer 401(k) plans.
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Tutorial: Introduction to Roth IRAs
A Roth IRA is retirement savings vehicle that can be established by individual taxpayers. The Roth IRA bears many similarities to the traditional IRA as
T.C. Summary Opinion 2009-37: Bailey v. Commissioner: Early Distribution Penalty Applies, because the account is an IRA
This case confirms that the early distribution penalty exception for first time home buyers does not apply to retirement accounts unless they are IRAs, i.e.
Fed and FTC Regulation of Retirement Plan Loans to Participants: Going and Coming?
In addition to the governing rules under ERISA and the Internal Revenue Code, participant loans provided by retirement plans have long been subject to certain
Former Participants Have Standing to Pursue Equitable, But Not Legal Remedies With Respect to IRA Rollovers
Excerpt: “Plaintiffs are former participants in 401(k) plans, who allege that in rolling over their plan accounts to IRAs defendants violated ERISA. On April 21,
Supreme Court Allows ERISA Relief for Individual Plan Accounts
“The Court’s judgment was unanimous, although two concurring opinions were filed. Justice Thomas, joined by Justice Scalia, was of the view that the Court’s result
Debtor’s Right to IRA -Bankruptcy estate
A debtor’s right to receive payment from an IRA may be exempt from the bankruptcy estate under 11 U.S.C. § 522(d)(10)(E), even though the debtor has
Emergency Economic Stabilization Act of 2008-H.R. 1424-QCD Extension and Other Retirement Provisions
by Denise Appleby CISP, CRC, CRPS, CRSP, APA H.R. 1424-The Emergency Economic Stabilization Act of 2008 (EESA-2008), was signed into law on October 3, 2008.
The JCT release JCX-20-09
Retirement provisions set to expire The Joint Committee on Taxation has released JCX-20-09, which contains a list of Federal Tax provisions which expire from 2008
Technical Explanation of H.R. 7327
Explanation of the Worker, Retiree, and Employer Recovery Act of 2008 as passed by the House on December 10, 2008, available at http://www.house.gov/jct/x-85-08.pdf. Excerpt: ”
