Mar 19, 2026
By Andy Ives, CFP®, AIF® IRA Analyst QUESTION: I’m age 72 and my wife is age 63. I want to open a spousal Roth IRA. I already have a Roth for myself that I’ve owned for more than 5 years. Would she have to wait 5 years before she can make a withdrawal without a...
Mar 18, 2026
By Ian Berger, JD IRA Analyst A few Saturdays ago, many of us moved our clocks one hour ahead to usher in Daylight Saving Time. Adjusting our clocks is a reminder to review the confusing rules surrounding the Roth IRA distribution clocks. It’s no surprise that...
Mar 12, 2026
By Ian Berger, JD IRA Analyst Question: Hello Mailbag Folks, I may have missed something in one of the Ed Slott newsletters, but I thought that if one contributed to a non-profit directly from an IRA account to the non-profit, the amount would not be taxed. I made my...
Mar 11, 2026
By Andy Ives, CFP®, AIF® IRA Analyst In our Slott Report entry from March 2 (“Fatal Error: Mistakes That Cannot Be Fixed – Part 1,”) we discussed three irreversible mistakes and the negative consequences of each. Despite any repercussions, certain IRA and...
Mar 9, 2026
By Ian Berger, JD IRA Analyst If you made excess deferrals to your 401(k) or 403(b) plan(s) in 2025, you need to correct the error while there’s still time. The deadline is April 15, 2026. If you don’t act before then, you’ll be double-taxed on the excess deferrals....
Mar 5, 2026
By Sarah Brenner, JD Director of Retirement Education Question: Is it wise to designate a grandchild as primary beneficiary for IRA accounts? Answer: You can choose to name whomever you want as your IRA beneficiary. If you want your IRA funds to go to your...
