RMDs

An IRS proposal has spawned confusion about whether non-spousal heirs to Roth plans need to take RMDs before draining the accounts after 10 years.

Beneficiaries won't get hit with a 50% penalty for not making withdrawals in 2021 and 2022 — an unexpected move by the IRS. But questions still remain.

An inside look at the provisions of the new bill as it makes its way to the Senate.

New rules from the IRS around required minimum distributions address changes from the SECURE Act.

New forms’ questions; taxpayers behaving badly; why people leave; and other highlights from our favorite tax bloggers.

Buyback fallacy; change proposed for quarterly taxes; solidifying client relationships; and other highlights from our favorite tax bloggers.

Heirs of IRAs and 401(k)s won't need to take annual distributions before cashing out within a decade of receiving the plans, the agency says.

Our panel of experts have identified these 12 credits, deductions and more as worth particular attention this year.

What Congress, clients and others did this year, and how it will impact next year.

The Treasury’s new rules will generally let retirees hold onto more of their savings for longer.

The IRS is reminding taxpayers about the CARES Act’s waiver of required minimum distributions for 2020.

The IRS offers guidance in Notice 2020-51 on the rollover period, which has been extended to Aug. 31.

The act makes extensive changes to the rules affecting tax-qualified, employer-sponsored retirement plans.

The passage extends the IRA contribution deadline and waives RMDs for 2020. Here’s what else financial advisors need to know.

The Internal Revenue Service is giving financial institutions a break when it comes to notifying owners of individual retirement accounts about taking their required minimum distributions after a new law increased the age for taking RMDs from 70½ to 72.

An IRS revenue ruling explains what happens when a distribution check from a qualified plan isn’t cashed.

The day-off debate; SECURE’s flaw; IRS appeals mean a long wait; and other highlights from our favorite tax bloggers.

Not only would stretch IRAs be dead if the legislation were to pass in the Senate, but your clients’ profit-sharing plans could be next.

Sometimes the strategy can eliminate a domino effect of other expensive tax problems down the road, Ed Slott writes.

The Internal Revenue Service granted additional relief to victims of Hurricane Harvey on Wednesday by making it easier for 401(k)s and other employer-sponsored retirement plans to give loans and hardship distributions to aid victims.