A strategy that allows investors to make an IRA-to-HSA transfer may be used only once in a lifetime.
Some plan participants may use non-hardship 401(k) withdrawals to invest in individual retirement accounts.
Retirees at age 70½ may direct IRA assets to a charity tax-free under a provision made permanent by Congress.
DOL hears pros and cons of fiduciary rule
The Department of Labor is proposing a new rule for individual retirement accounts that could impact how advisors offer advice and charge fees for IRAs.
Investors who typically use a rollover strategy for multiple individual retirement accounts (IRAs) will need to reconsider because of a rule change that took effect this year. A decision by the United States Tax Court that limits the number of IRA rollovers an individual can perform in a year was implemented in January 2015. IRA