fbpx

Ed Slott’s Elite IRA Advisor Group (Ed Slott Group) is a membership organization owned by Ed Slott and Company, LLC. Qualifying criteria for membership includes completing specified educational courses offered by Ed Slott Group. Ed Slott Group membership requirements include the payment of annual dues. Logos and/or trademarks are property of their respective owners and no endorsement of (John Solymon) or (Money Dr’s Financial and Insurance Solutions) is stated or implied. Ed Slott Group and Ed Slott and Company, LLC are not affiliated with Money Dr’s Financial and Insurance Solutions.

For the detailed requirements of Ed Slott’s Elite IRA Advisor Group, please visit: https://www.irahelp.com/EliteGroup

IRA BLOG

SECURE 2.0 CHANGES ALREADY IN EFFECT

By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport The SECURE 2.0 Act, enacted into law on December 29, 2022, makes over 90 changes to the IRA and employer plan tax rules. If that isn’t enough, many of these provisions aren’t immediately effective and...

read more

ROTH-O-MANIA!

By Sarah Brenner, JD IRA Analyst Follow Us on Twitter: @theslottreport SECURE 2.0 is now the law of the land and one thing is very clear. Roth-O-Mania is here! In their quest for more revenue, Congress has created more options to save with Roth accounts. These...

read more

529 PLANS AND ROTH IRAS: TODAY'S SLOTT REPORT MAILBAG

By Andy Ives, CFP®, AIF® IRA Analyst Follow Us on Twitter: @theslottreport Question: Hello Ed, I have a question concerning Secure 2.0 pertaining to transferring “leftover” 529 plan account balances into a Roth IRA, beginning 2024. If I have no income in 2024, can I...

read more

SECURE 2.0 ELIMINATES RMDS ON ROTH PLAN DOLLARS IN 2024

By Andy Ives, CFP®, AIF® IRA Analyst Follow Us on Twitter: @theslottreport If a person has a Traditional IRA and is of the age when lifetime required minimum distributions (RMDs) apply, then that person must withdraw a portion of that account annually. The amount to...

read more

SECURE 2.0 ALLOWS ROLLOVERS OF 529 FUNDS TO ROTH IRAS

By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport We’re getting a lot of questions about the SECURE 2.0 provision allowing tax-free rollovers from 529 plans to Roth IRAs. Although this new rollover opportunity sounds exciting, there are a number of...

read more

QCDS AND 60-DAY ROLLOVERS: TODAY'S SLOTT REPORT MAILBAG

By Sarah Brenner, JD Director of Retirement Education Follow Us on Twitter: @theslottreport Question: I am confused regarding the requirements for making a qualified charitable distribution. Is it necessary for the donation to be sent directly from the financial...

read more

WHO CAN DELAY THEIR RMD UNDER SECURE 2.0?

By Sarah Brenner, JD Director of Retirement Education Follow Us on Twitter: @theslottreport One of the provisions of the recently passed SECURE 2.0 that has gotten the most attentions is the one that allows some retirement account owners to delay their required...

read more

RMDS UNDER SECURE ACT 2.0: TODAY'S SLOTT REPORT MAILBAG

By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport Question: On reading your SECURE 2.0 information, a revised RMD (required minimum distribution) to age 73 was mentioned. Prior to this new legislation, 72 was the RMD age. If this is in effect now in...

read more

Advisory services offered through Foundations Investment Advisors, an SEC Registered Investment Adviser.