Ed Slott, CPA
Articles by this author
Do a little reading about Roth IRA rules and you’re likely to learn about eligibility requirements and contribution limits. But there is one Roth question...
Pros and Cons of a Roth IRA
The only certainties in life are death and taxes—unless you own a Roth IRA. These individual retirement accounts are one of the rare ways to...
How To Do a Backdoor Roth IRA
A so-called “Backdoor Roth” is a technique for retirement savers to get the benefits of a Roth IRA even if their income exceeds limits that...
Why You Should Take Your 2025 RMDs Now
Conventional wisdom says seniors should wait until the end of December to take their required minimum distribution (RMD)—that’s the minimum amount that tax law requires most...
Made a Mistake With Your IRA? There’s Still Time to Fix It!
Traditional Individual Retirement Accounts (IRAs) were first introduced in 1974 as simple savings plans for workers who did not have pensions. But over time, they...
Watch Out for These Land Mines
Inheriting an individual retirement account (IRA) from a loved one can be a windfall—but it also can be one of the trickiest assets to deal...
