IRA BLOG
NUA: “Resetting” Cost Basis
By Andy Ives, CFP®, AIF® IRA Analyst The recent market ride has been nuts. It is certainly no fun for anyone who owns stock or stock funds....
Rollovers and Required minimum Distributions: Today’s Slott Report Mailbag
By Andy Ives, CFP®, AIF® IRA Analyst QUESTION: A 401(k) plan participant over age 73 wants to roll over his account to a new IRA. I...
Who Can Use a 10% Penalty Exception?
By Andy Ives, CFP®, AIF® IRA Analyst As a follow up to the March 26 Slott Report entry that included a full list of the 10% early withdrawal...
Higher IRA Federal Bankruptcy IRA Protection Limit Became Effective on April 1
By Ian Berger, JD IRA Analyst When you file for bankruptcy, one thing you usually don’t have to worry about is protecting your IRA funds from your...
Qualified Charitable Distributions and inherited IRAs: TOday’s Slott Report Mailbag
By Andy Ives, CFP®, AIF® IRA Analyst Question: In the article “Why You Should Take Your 2025 RMD Now,” the following caught my eye … “Or, maybe you...
Still Waiting for IRS Guidance on IRA Self-Correction Program
By Ian Berger, JD IRA Analyst In the 2022 SECURE 2.0 legislation, Congress gave the IRS two years – until December 29, 2024 – to come up with...
Will Market Volatility Mean RMD Waivers for 2025?
By Sarah Brenner, JD Director of Retirement Education Recent turmoil in the markets has hit many retirement savers hard as they see their IRA...
Deferral of First RMD and RMDs for Roth IRAs: Today’s Slott Report Mailbag
Question: My wife turns 73 years old in August 2025. My understanding is that she has until April 1, 2026, to take her first required minimum...
Make Your 2024 IRA Contribution by April 15
By Sarah Brenner, JD Director of Retirement Education There is still time! You can still make a prior-year (2024) IRA or Roth IRA...
10% Penalty Exceptions: IRAs and Plans
By Andy Ives, CFP®, AIF® IRA Analyst If a person under age 59½ takes a withdrawal from his IRA or workplace plan, there is a 10% early withdrawal...
