Tag Archives: IRA

TMTW #454 – Rollovers are all bad! Use only direct transfers

Posted on October 9, 2019 by

Tax and Money Tip of the Week: Rollovers are all bad! Use only direct transfers October 9, 2019 | No. 454 Click Here to read an article in Investment News by Ed Slott regarding IRA rollovers. Questions or Comments? You can add … Continue reading →

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TMTW #436 – Backdoor Roth IRA Opportunities Still Available After TCJA

Posted on June 5, 2019 by

Tax and Money Tip of the Week: Backdoor Roth IRA Opportunities Still Available After TCJA June 5, 2019 | No. 436 Good news. The Tax Cuts and Jobs Act (TCJA) did not harm the backdoor Roth strategy. As you likely know, the … Continue reading →

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TMTW #406 Retirement Plan and IRA Rollover Advice

Posted on October 31, 2018 by

Tax and Money Tip this Week: Retirement Plan and IRA Rollover Advice October 31, 2018 | No. 406 When moving your retirement money to an IRA, you should follow this one rule of thumb. If you fail to follow the rule … Continue reading →

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TMTW #306- Join Up for a Spousal IRA

Posted on October 12, 2016 by

Tax and Money Tip this Week: Join Up for a Spousal IRA October 12, 2016 | No. 306 Click here to read the article on ‘Spousal IRA’s’ from Business Management daily. Questions or Comments? You can add comments on the blog, call 919-847-2981, … Continue reading →

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TMTW # 283- Inheriting an IRA: Ignoring Non-Person Beneficiaries

Posted on May 4, 2016 by

Tax and Money Tip this Week: Inheriting an IRA: Ignoring Non-Person Beneficiaries May 4, 2016 | No. 283 IRA’s with multiple beneficiaries that include charity or other non-person entity must pay out that entity’s share by September 30 of the year following … Continue reading →

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TMTW #282- Inheriting an IRA: Not Dividing the IRA Among Heirs

Posted on April 27, 2016 by

Tax and Money Tip this Week: Inheriting an IRA: Not Diving the IRA Among Heirs April 27, 2016 | No. 282 Be sure to advise your beneficiaries to split the IRA, especially if they have a wide age difference. If the … Continue reading →

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TMTW #281- Inheriting an IRA: Titling the IRA Account Improperly

Posted on April 20, 2016 by

Tax and Money Tip this Week: Inheriting an IRA: Titling the IRA Account Improperly  April 20, 2016 | No. 281 Nonspouse beneficiaries cannot roll an inherited IRA into their own IRA.  Instead, a separate account must be set up with a … Continue reading →

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