Ed Slott
Ed Slott
Ed Slottis a financial expert in the United States. He is an author and public speaker providing training in IRAsand retirement distribution planning. He has been a collaborative creator of three nationally-aired Public Television Specials and is a practicing CPAbased in Rockville Centre, New York...
higher irs
Now the IRS fees are higher than mine.
depending extend high roth younger
If there's one generalization you can make, it's that Roth IRAs are for younger people, but that may extend up as high as 50, depending on the circumstances,
cheap easy good
There are good options, easy to set up and cheap to maintain.
money retirement
This way, if there are any problems, all the retirement money isn't at risk.
happened people time
Every time something like this has happened in the past, people were grandfathered into the program.
believe cannot
What a mess. I cannot believe professionals are actually advising these things.
ira paying people treat
Most people treat IRA contributions like they're paying a bill. They should think about it as paying themselves.
future knows nobody rates tax
Nobody knows what future tax rates will be.
cannot realize
Most advisers don't realize non-spouse beneficiaries cannot do a rollover,
company employed loyal loyalty retirement
Retirees are much too loyal to the company that employed them, ... When it comes to retirement savings, your first loyalty must be to yourself.
extensions file ira tax
There are no extensions for IRA contributions, even if you have an extension to file your tax return.
games looks score
Look at the score at the end of the #game.
bank bigger deal drop huge killer market risk
It isn't a killer deal to drop 2 percent. Only if it's a huge holding. But the bigger the holding, the more market risk there is. I wouldn't bank on that.
buy dipping expenses great
It's not a great move. When you buy a home, the expenses are just beginning...You're dipping into your pension.