New Rules: Aggregating Year-of-Death RMDs

Aug 28, 2024

By Andy Ives, CFP®, AIF® IRA Analyst In my August 19 Slott Report (“Year of Death RMD – Deadline Extended!”), I wrote about the required beginning date, who takes the year-of-death required minimum distribution (RMD), and the deadline for taking that distribution....

New IRA Aggregation Rule When Doing a Rollover in an RMD Year

Aug 26, 2024

Ian Berger, JD IRA Analyst   If you have multiple traditional IRAs and want to do a 60-day rollover (or Roth conversion) in a year when a required minimum distribution (RMD) is due, the IRS has a surprise for you. RMDs from multiple traditional IRAs (and SEP or...
Weekly Market Commentary

Weekly Market Commentary

Aug 26, 2024

-Darren Leavitt, CFA US financial markets inked another week of gains as investors cheered what they heard from global central bankers at the Jackson Hole Economic Symposium. In fact, the bulk of the gains were made on Friday after Fed Chairman Jerome Powell...
Weekly Market Commentary

Weekly Market Commentary

Aug 26, 2024

US financial markets inked another week of gains as investors cheered what they heard from global central bankers at the Jackson Hole Economic Symposium. In fact, the bulk of the gains were made on Friday after Fed Chairman Jerome Powell solidified the prospect of a...

Roth IRAs and Successor Beneficiaries: Today’s Slott Report Mailbag

Aug 22, 2024

By Andy Ives, CFP®, AIF® IRA Analyst   QUESTION: I have been getting emails from a few sites pitching their subscriptions. They claim that Roth IRAs will all be taxable in the future. They say there are things you can do to avoid these taxes, but to find out what...