IRA Blog

LATE 401(K) DEPOSITS

Every retirement plan custodian has an interactive website that participants can visit, if their employer offers that feature. While all are a little different, the websites all contain access to vital information about your account under the plan. You can review your...

read more

10 THINGS EVERYONE SHOULD KNOW BEFORE THEY MOVE THEIR IRA

Change can be good. Is your IRA ready for a change? Maybe you are looking for a new type of investment or maybe a new IRA custodian. To change it up with your IRA, you may need to move your IRA funds. Here are 10 things everyone should know before they move their IRA....

read more

ROLLING OVER IRAS & EXCESS CONTRIBUTIONS: TODAY’S Q&A MAILBAG

Question: My husband passed away this April at 83. I’m 68 and sole beneficiary of his traditional IRA.  I was advised that it didn’t matter if I rolled his IRA into mine and then took his RMD for the year as long as I do so by 12/31/2018.  I rolled his IRA into mine...

read more

CONGRESS SAYS NO ROTHIFICATION … FOR NOW

When someone keeps telling you not to worry about them doing a certain thing, you know they are thinking about doing that very thing. That’s what Congress is doing with so called “Rothification.” As a review, “Rothification” – as it has become known –  is a way to...

read more

THE SUPREME COURT HAS AN IRA REMINDER FOR YOU

In the recent case of Sveen v. Melin, the Supreme Court ruled that life insurance proceeds would not go to an ex-spouse, even though her name remained on the beneficiary form after the divorce. Instead, the Court said the Minnesota state statute removing an ex-spouse...

read more

SELF-DIRECTED IRAS: KNOWING THE LAW IS ONLY HALF THE BATTLE

Many individuals who open IRAs choose to invest in traditional asset classes, such as stocks, bonds, or mutual funds. But for a growing number of people, these options are not enough. Instead, they look to invest in other non-traditional assets. The tax code actually...

read more