Category: <span>IRA</span>

Retirement Plan and IRA Rollover Advice

Retirement Plan and IRA Rollover Advice

Retirement Plan and IRA Rollover Advice When moving your retirement money to an IRA, you should follow this one rule of thumb. If you fail to follow the rule we’re about to reveal, you can face two big problems: First, your check will be shorted by 20 percent. Second,...
Be Alert to the TCJA Tax Reform Attack on IRA Recharacterizations

Be Alert to the TCJA Tax Reform Attack on IRA Recharacterizations

Be Alert to the TCJA Tax Reform Attack on IRA Recharacterizations When you convert your existing traditional IRA into a Roth IRA and then reverse the transaction by switching the account back to traditional IRA status, the reversal is called a recharacterization in...