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Can You Recharacterize a Roth Conversion to Avoid IRMAA?: Today’s Slott Report Mailbag Thursday, July 16, 2026
By Sarah Brenner, JD Director of Retirement Education Question: Hello, I’m married, filing jointly, and I have been converting my traditional IRA to Roth this year. If I convert too much and trigger higher Income-Related Monthly Adjustment Amount (IRMAA) charges, can...
How Plan Loans Work
By Ian Berger, JD IRA Analyst The June 15, 2026 Slott Report outlined the barriers preventing 401(k) and other plan participants from accessing their plan funds while working. The June 24, 2026 article discussed in-plan withdrawals as one way around those barriers....
The Ghost-Life Rule Explained
By Sarah Brenner, JD Director of Retirement Education The SECURE Act of 2019 changed many rules for inherited IRAs. However, it left intact the rules for non-living (non-person) beneficiaries, such as an estate. For these non-designated beneficiaries (NDBs), the same...
7 Medicare Mistakes That Could Cost You Thousands in Retirement
As retirement approaches, Medicare becomes one of the most important financial decisions you'll make. While the program provides valuable healthcare coverage, choosing the wrong plan—or missing important enrollment deadlines—can result in unnecessary expenses,...
The Pro-Rata Rule and the Still-Working Exception: Today’s Slott Report Mailbag
By Andy Ives, CFP®, AIF® IRA Analyst QUESTION: I just wanted to verify that a 403(b) plan is not subject to the pro-rata rule when doing a Roth IRA conversion. Can you please let me know if this is correct? Thanks! Lynn ANSWER: Lynn, You are correct. When doing a Roth...
Trump Accounts: Weird Stuff Keeps Happening
By Andy Ives, CFP®, AIF® IRA Analyst From its onset, I have been a fan of the concept of Trump accounts. Created by the One Big Beautiful Bill Act (OBBBA), this new savings vehicle for children is now up and running as of July 4, 2026. At their core, Trump accounts...
Treasury Announces Initial Trump Account Investment Options
By Ian Berger, JD IRA Analyst On July 1, 2026, the Treasury Department announced the investment options for initial Trump account contributions. In the One Big Beautiful Bill Act (OBBBA), Congress imposed strict investment restrictions on Trump account contributions...
Medicare Myths That Could Cost You Money in Retirement
For many Americans, Medicare is one of the most valuable benefits they'll ever receive. Yet every year, countless individuals make important healthcare decisions based on misinformation or outdated advice. The truth is, understanding how Medicare works doesn't have to...
The Pro-Rata Rule and Non-U.S. Citizen Beneficiaries: Today’s Slott Report Mailbag
By Ian Berger, JD IRA Analyst Question: If someone has a SIMPLE IRA and is interested in doing a backdoor Roth IRA conversion, does the SIMPLE IRA count under the pro-rata rule? Answer: The pro-rata rule that determines the taxation of a backdoor Roth IRA conversion...
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