IRS Addresses Unanswered Questions About Trump Accounts

  Ian Berger, JD IRA Analyst As is often the case with new legislation, the One Big Beautiful Bill Act (OBBBA) left unanswered a number of questions about Trump Accounts, the new savings vehicle for children. Some of those questions were discussed in a Slott...

New IRS Guidance on Trump Accounts Is Released

  Sarah Brenner, JD Director of Retirement Education The IRS has issued guidance on Trump Accounts, which are new tax advantaged accounts for children established as part of the One Big Beautiful Bill Act (OBBBA). Trump Accounts are scheduled to become available...

Yes, RMDs Apply to Inherited Roth IRAs, But…

  By Andy Ives, CFP®, AIF® IRA Analyst We have written about this topic in The Slott Report before (“Inherited Roth IRA: RMDs or No?” – May 15, 2023), yet the questions continue to roll in. Yes, required minimum distributions (RMDs). DO APPLY to inherited Roth...

Stretch RMDs and Roth Conversions: Today’s Slott Report Mailbag

By Ian Berger, JD IRA Analyst Question: Hello Ed, I have been a fan of yours for a long time (and the owner of a copy of The Retirement Savings Time Bomb) and have always appreciated your insights. We have a client who is age 58 years and is the sole beneficiary of a...

The Crazy-Complicated 2026 SIMPLE IRA Plan Elective Deferral Limits

Ian Berger, JD IRA Analyst Since 2002, SIMPLE IRA plans have allowed employees who reach age 50 or older by the end of the year to make “catch-up contributions” beyond the usual elective deferral limit. Beginning in 2024, Congress automatically increased the regular...