Topic
IRA
195 published works
Arnold & Porter: News & Perspectives
IRS Creates New Correction Program for IRAs
Implementing a SECURE 2.0 Act requirement, the Internal Revenue Service (IRS) recently issued Revenue Procedure 2026-33 (IRA Correction Procedure), which establishes the IRA Compliance Resolution System, a process through which…
Mintz Levin Cohn Ferris Glovsky and Popeo
When Retirement Plan Leakage Never Leaves the System
By Mintz Levin Cohn Ferris Glovsky and Popeo
Michelle Capezza was featured in Fiduciary News discussing the administrative and fiduciary considerations associated with small-balance cashouts and automatic IRA rollovers in employer-sponsored retirement plans.Michelle said, "For most employers, the…
Banking, Finance and Securities
4 Reasons Why A SEP-IRA Could Be The Wrong Plan For a Law Firm Owner
By Frank Rekas
SEP-IRAs are easy to set up. That's exactly the problem. Here's what most law firm owners don't realize about the plan their CPA set up years ago: 1️⃣ Lower contribution…
Nonprofit Law Blog
2026 Charitable IRA Rollover Fact Sheet. How It Benefits You.
Richard Pon CPA CFP* Originally released on May 6, 2026, Republished with permission of the author A qualified charitable distribution (aka QCD or The IRA Charitable Rollover ) exempts from…
The Benefit of Benefits
IRS further Extends Deadline for Amendments to IRAs and SEPS-no relief for exempt organization 457(b) plans
By Scott E. Galbreath, J.D., LL.M (Tax)
On January 26, the IRS issued Notice 2026-9 (Notice) which further extended the deadline for Individual Retirement Accounts (IRAs) and Simplified Employee Pensions (SEPs) to be amended to comply with…
Alexis B. Levitt Blog
The Advantages and Disadvantages of Converting a Traditional IRA to a Roth IRA
If you are considering the conversion of a Traditional IRA to a Roth IRA, there are a number of factors to consider. Let’s begin by looking at some key differences…
Polaris Tax & Accounting Blogs & Articles
Backdoor Roth IRA Conversions – Smart Strategy or Hidden Tax Trap?
By Joe Serrone
Trying to get more money into a Roth IRA but blocked by income limits? You’ve probably heard of the backdoor Roth—but is it safe? Backdoor Roth IRA conversions have become…
The Benefit of Benefits
EBSA Beats IRS in Updating Its Correction Program for Self-Correction
By Scott E. Galbreath, J.D., LL.M (Tax)
Happy New Year! You may have noticed that December 29, 2024 came and went without the Internal Revenue System ("IRS") issuing a new Employee Plans Compliance Resolution System ("EPCRS") Revenue…
Wills, Trusts & Estates Prof Blog
Don’t Leave Your Heirs an IRA Tax Bomb
Without proper planning, an inheritance from a traditional IRA can lead to significant taxes for beneficiaries, as their tax bracket determines the rate of taxation, not the original owner’s. Retirees…
Wills, Trusts & Estates Prof Blog
Don’t Leave Your Heirs an IRA Tax Bomb
Without proper planning, an inheritance from a traditional IRA can lead to significant taxes for beneficiaries, as their tax bracket determines the rate of taxation, not the original owner’s. Retirees…