IRAs
Inherited IRAs – the continuing saga in bankruptcy
I previously blogged about inherited IRAs being subject to the claims of creditors, both in (In Re: Jarboe) and outside of (Robertson…
IRS Provides Guidance on 2009 RMD Waivers
From IR 2009-85: WASHINGTON ― The Internal Revenue Service today provided guidance for retirement plan administrators, plan participants and retirees regarding recent…
Inherited IRAs are Not Creditor Protected – #2
I previously blogged about a Bankruptcy Court in Texas holding that an inherited IRA was not exempt from claims of the new…
Is Your Advisor IRA Savvy?
Last week I attended a presentation by Ed Slott, CPA, America’s foremost IRA expert. A couple of years ago I participated in an…
Your IRA may be at Risk
In North Carolina standard IRAs are exempt from creditors’ claims, under state law and federal bankruptcy law. Also, qualified retirement plans, such…
Is your IRA heir-tight? Probably not…
The recent Kiplinger.com article How to leave an IRA that’s heir-tight contains lots of good information and advice about IRA distribution planning, but there’s…
Bush Signs Worker, Retiree and Employer Recover Act of 2008
This morning President Bush signed H.R. 7327, the “Worker, Retiree and Employer Recovery Act of 2008” (WRERA). The law suspends Required Minimum…
Should You Roll Your 401(k) Over into an IRA?
Once you cease working for an employer, you have the option of rolling over to an Individual Retirement Account (IRA) any retirement…
Bailout Includes IRA Charitable Rollover
The Emergency Economic Stabilization Act of 2008 (H.R. 1424) passed the House yesterday, and was quickly signed by President Bush. The law…
IRS to Require Retirement Plans to Offer Non-Spousal Rollovers to IRAs
Beginning in 2008, retirement plans (such as 401(ks) must allow non-spouse beneficiaries to roll over to an IRA. The following is from…
