Identify clients who had these types of retirement distributions and then check for these common errors.
These pointers can help advisers reduce confusion for new required minimum distribution clients.
A 2016 IRA contribution can also be recharacterized in 2017, meaning changed from a traditional IRA to a Roth IRA, or vice versa.
Advisers can avoid all of these 60-day rollover issues by using only direct trustee to trustee transfers whenever possible.
Filing late used to be difficult and costly to correct, but new rule alleviates a lot of the pain.
Make sure clients are accessing their accounts or otherwise taking steps that would deem their accounts active.
If clients don't need the income, here are some ways the money they must take can be put to good use.
IRA basis is required to be tracked on IRS Form 8606 “Nondeductible IRAs,” which is filed with a client's tax return.
Roth IRAs offer significant tax benefits, but these transactions are on the Internal Revenue Service's radar.
Those who are 70 ½ and still on the job may be able to delay distributions from company plans.
Those who are 70 ½ and still on the job may be able to delay distributions from company plans.
A recent court case illuminates the possibility of a pension benefit going back to the plan if the right legal documents are not in order.
Share these timely IRA reminders with your clients and their CPAs.
The IRS has increased its fees to request private-letter rulings (PLRs) for extensions upon missing two common retirement deadlines: 60-day rollovers and Roth recharacterizations.
Permanent QCDs, expansions and enhancements let advisers plan ahead with certainty.
An expert's list of common mistakes advisers make when helping clients take required distributions
Semi-retired patent attorney cannot deduct losses in an IRA.
Popular retirement vehicle has several advantages over a traditional 529 plan in many cases
