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Good Reasons to Name a Trust as IRA Beneficiary

When a trust is named as beneficiary of an IRA, several possible negative issues may be introduced. For example, after the death of the IRA owner, things can become more complex for the beneficiaries. Trust beneficiaries cannot simply set up their own inherited IRAs....

State Tax Treatment of 529-to-Roth IRA Rollovers

By Ian Berger, JD IRA Analyst By now, most of you probably know about the SECURE 2.0 Act provision  permitting 529 funds to be rolled over to Roth IRAs. Because of this new law, parents and grandparents can fund 529 plans without worrying as much about having to pay...

5 Steps for Tax-Free Roth IRA Distributions

By Sarah Brenner, JD Director of Retirement Education The benefit of funding a Roth IRA is the availability of tax-free distributions in the future. You pay taxes now on your contribution (or conversion) in exchange for tax-free earnings down the road. The rules can...

401(k) RMD Rollover Problems…and a Last-Minute Save!

By Andy Ives, CFP®, AIF® IRA Analyst 401(k) custodians are usually pretty good about distributing required minimum distributions (RMDs) from the plans they oversee. This is especially important when a participant is rolling over his plan balance to an IRA. Why must...