Can You Convert A Coronavirus-Related Distribution To A Roth IRA?
Can you do a Roth conversion of a coronavirus-related distribution? It would be nice if you could, as that would allow you to spread the
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Five Coronavirus-Related Distribution Bombshell Revelations From IRS Notice 2020-50
The IRS provides answers to some key questions about coronavirus-related distributions from IRAs, 401(k)s and other eligible retirement plans; and expands qualification for it, by
The Top 8 Must Know Rules For COVID-19 RMD Waivers Under The CARES Act
RMDs are waived for most retirement plans for 2020, which affects other rules including rollovers. For advisors, knowing how these rules affect their clients can
IRS Announces IRA and Plan Limits for 2020
The IRS issued Notice 2019-59 in which they provide retirement plan limits for 2020. Only some of the limits were changed from those that were in effect
5 Steps To Choosing Between A Roth IRA And A Traditional IRA Contribution
by Denise Appleby CISP, CRC, CRPS, CRSP, APA You have until April 15, 2019 to make your IRA contribution for 2018. Until then, one of
How To Contribute To Multiple 401(k)s Legally
Adding contributions to your 401(k) or other salary deferral type retirement account can be an effective way of ramping up your retirement nest egg. Consider
IRS Announces IRA and Plan Limits for 2019
by Denise Appleby CISP, CRC, CRPS, CRSP, APA The IRS issued Notice 2018-83 in which they provide retirement plan limits for 2019. Only some of
60-Second Read in 10 Bullet Points: Spousal Rollover of Distribution Paid to Trust Beneficiary Approved by the IRS- PLR 201831004
By Denise Appleby,CISP, CRC, CRPS, CRSP, APA An IRA owner and his spouse established a revocable trust (Trust), which held only the couple’s community
7 IRA Aggregation Rules Every Advisor Must Know
by Denise Appleby,CISP, CRC, CRPS, CRSP, APA Being able to aggregate IRAs can allow for efficient distribution planning. However, applying aggregation when it is not
Why You Should Be Especially Careful with Future Roth Conversions
By: Denise Appleby,CISP, CRC, CRPS, CRSP, APA. The recharacterization of Roth conversion is one the few provisions under the tax code that allows taxpayers to