How can Coverdell ESA assets be moved? Can ESA assets be moved after the child turns age 18? Who is a qualified family member for ESA purposes?
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How is compensation defined for 401(k) plan purposes? How does the definition affect compliance testing? What time period is used for defining compensation?
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The Roth IRA is 20 years old and still growing. Discover the latest trends, most recent statistics, and current developments surrounding this unique retirement savings tool.
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It’s been 20 years since the Roth IRA was created. Here are some quick facts about this popular retirement savings vehicle.
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The Roth IRA has evolved over the past 20 years as a result of its legislative history. Take a look at some of the more significant legislative developments since the Roth IRA was created.
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The “mega Roth” strategy, a new approach to retirement saving, is a way for some retirement plan participants to maximize their savings using Roth IRAs or retirement plan designated Roth accounts.
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Quick Reference Tool: Current Roth IRA contribution eligibility phase-out ranges
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Quick Reference Tool: Current Traditional IRA deductibility phase-out ranges
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In response to an executive order by the President to expand access to retirement plans, the DOL recently proposed regulations to allow employers to form association retirement plans, or MEPs.
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The IRS recently proposed amendments to hardship distribution regulations and is requesting public comments by January 14, 2019.
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What does it mean when an outstanding loan amount is offset? What are the tax consequences for the plan participant? What is the timeframe for rolling over a loan offset amount and how should it be reported?
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Can HSA debit cards be issued to individuals other than the HSA owner? Are there issues that financial organizations should be aware of when allowing authorized users?
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One of the biggest challenges “gig workers” face is a lack of access to an employer-sponsored retirement plan and the employer contributions that often go with it. Fortunately, there are four retirement savings alternatives ideal for gig workers.
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Research shows that HSAs will continue to see unprecedented growth, proving them to be a successful product offering for most financial organizations.
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With the growing number of baby boomer Traditional IRA owners turning age 70½ and older, it’s time to refine your RMD procedures and ensure that you and your IRA clients understand the RMD rules.
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Don’t be caught off guard with these tax reform changes from the Tax Cuts and Jobs Act and Bipartisan Budget Act that take effect January 1, 2019.
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The IRS recently released the 2019 cost-of-living adjustments. Many key IRA and retirement plan limits were increased for 2019.
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October 15 has come and gone—and with it, the ability for IRA owners to correct 2017 IRA excess contributions without penalty. Now they must pay the penalty and still correct the excess using one of two options.
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