“ESTATE BYPASS” – SPOUSAL ROLLOVER WHEN THE ESTATE IS BENEFICIARY

By Andy Ives, CFP®, AIF® IRA Analyst Follow Us on X: @theslottreport An estate can become the beneficiary of a person’s IRA in a couple of ways. First, the estate could be named outright as the beneficiary on the beneficiary form. This is not recommended. Why? One...

IRA MID-TERM EXAM

By Ian Berger, JD IRA Analyst Follow Us on X: @theslottreport The Investment Company Institute (ICI) is an association representing mutual fund companies and similar investment companies. Each year, ICI conducts a survey of the prevalence of IRAs in American...

HOW TO LOSE AN INHERITED IRA AND GAIN A BIG TAX BILL

By Sarah Brenner, JD Director of Retirement Education Follow Us on X: @theslottreport   Did you inherit an IRA from someone who is NOT your spouse? This is not uncommon. Maybe you inherited from a sibling or a parent or a friend. If this is your situation,...

“WHERE DOES IT SAY THAT?” – THE PROBLEM WITH LEGALESE

By Andy Ives, CFP®, AIF® IRA Analyst Follow Us on X: @theslottreport My biggest gripe with legislation is the same complaint held by most – the bulk of it is written in legalese – i.e., difficult-to-understand language. I am no idiot, but sometimes I sure feel dumb...