Ed Slott’s IRA Corner

What is an Ed Slott Elite Advisor?

Ed Slott and Company is the nation’s leading source of accurate, timely IRA expertise and analysis to financial advisors, institutions, consumers and media across the country.

Members of Ed Slott’s Elite IRA Advisor GroupSM train with Ed Slott and his team of IRA Experts on a continuous basis.

Chris Robinson, Lead Advisor for RFG Wealth Advisory, is a member of the Ed Slott Elite Advisor Group and trains monthly with this organization.

Latest Slott Reports

Fund an IRA

Avoiding 60-Day Rollover Mistakes

Rolling over retirement savings plans to an IRA is a common practice for employees transitioning to a new company or individuals simply looking to take advantage of the potential tax benefits of a traditional or Roth account. One method of rolling over funds to an IRA is using the “60-day rollover,” which is the distribution...

Read More
Health Care Taxes - Rolls of money

Navigating the Bumps in Health Care Taxes

If you are above a certain income threshold, you may be subject to an additional Medicare surtax or Health Care Taxes. Under The Affordable Care Act, the Medicare surtax requires an additional 3.8% tax on investment income for those above the threshold. Income from taxable interest, dividends, capital gains, and rental property income are all...

Read More
Beneficiary words

Should You Update Beneficiary Forms Now?

Marriage, divorce, birth, and death are all significant experiences that alter our lives. While consumed by the emotions and obligatory tasks that trigger from these occasions, few people have “update beneficiary forms” at the top of their to-do list. However, maintaining current, accurate designated beneficiary forms is critical to fulfilling the legacy you worked so...

Read More
Charitable Contributions

Maximizing Your Charitable IRA Beneficiary Designations

At RFG Wealth Advisory in Argyle, TX, we specialize in helping our clients navigate the complexities of estate planning, especially regarding qualified retirement accounts and charitable giving strategies. We understand that you may have unique needs and circumstances. Questions to Ask about Charitable Beneficiaries 1. Have you already designated a nonprofit organization or charity as...

Read More
Retirement Plan

Guidance for Maximizing Your Retirement Account Distributions

As a registered investment advisor, We understand that when it comes to retirement planning, your company-sponsored retirement plan plays a vital role in building your portfolio. With effortless contributions directly deducted from your paycheck, your retirement account grows steadily over time. However, when it’s time for a distribution, there are several crucial considerations to remember....

Read More
picture of 100 dollar bills and word charitable giving on a slip of paper

Qualified Charitable Distributions can be a Win/Win

As the holiday season approaches, we often find ourselves in a giving spirit. One way to make a meaningful impact is by supporting our favorite charitable causes. But did you know there’s a tax-efficient way to give back? It’s called a Qualified Charitable Distributions (QCD), and if you’re an IRA owner aged 70½ or older,...

Read More

Could Required Minimum Distributions Complicate Your Financial Future?

Picture this: You’ve spent years diligently building your retirement account, and now, it’s time to enjoy the fruits of your labor. Sounds great, doesn’t it? It can quickly become a financial headache if you’re hit with hefty penalties due to a missed or miscalculated Required Minimum Distributions (RMDs). RMD Withdrawal Amounts If you’re approaching 73...

Read More
HSA account paperwork

Navigating HSA Distributions: Your Essential Guide

As you diligently save in your Health Savings Account (HSA), you secure a financial safety net for future healthcare expenses. These accounts come with fantastic tax benefits, but like any IRS-regulated savings plan, there are rules for withdrawing funds. Breaking these rules can lead to unexpected tax bills and penalties. To avoid these pitfalls, it’s...

Read More
100 dollar bills with the the words Charitable Giving on a piece of paper on top

Using QCD’s to fund a Charitable Gift Annuity

Are you considering making a gift to a charity or perhaps your Alma Mater? Consider using pre-tax IRA dollars to create a Charitable Gift Annuity.  If you are 70 ½ or older, you can make a Qualified Charitable Distribution or QCD straight from your IRA.  This distribution counts toward your required minimum distribution but is...

Read More
year-end checklist

Maximize Your Future Using Our Year-End Financial Checklist

The holiday season is in full swing, marked by festivities, celebrations, and a whirlwind of to-dos. Amidst the joyful chaos, it’s easy to overlook critical financial tasks that can profoundly impact your future. As we approach the end of the year, now is the perfect time to illuminate your financial path by reviewing our comprehensive...

Read More
60 day rollover IRA

Avoiding 60-day Rollover Mistakes in 5 Easy Steps

Rolling over retirement savings plans to an IRA is a common practice for employees transitioning to a new company or individuals simply looking to take advantage of the potential tax benefits of a traditional or Roth account. One method of rolling over funds to an IRA is a “60-day rollover,” which is the distribution of...

Read More
health care taxes image

Navigating Health Care Taxes

If you are above a certain income threshold, you may be subject to an additional Medicare surtax. Under The Affordable Care Act, the Medicare surtax requires an additional 3.8% tax on investment income for those above the threshold. Income from taxable interest, dividends, capital gains, and rental property income are all subject to the tax....

Read More
Beneficiary words graphic

Beneficiary Form Checklist Opportunities

Marriage, divorce, birth, and death are all significant experiences that alter our lives. While consumed by the emotions and obligatory tasks that trigger from these occasions, few people have “update beneficiary forms” at the top of their to-do list. However, maintaining current, accurate designated beneficiary forms is critical to fulfilling the legacy you worked so...

Read More
Man at computer Checking Dates

Time-Sensitive Tax Planning: SECURE 2.0 Effective Dates

With the effects of SECURE 2.0 continuing to roll in, 2024 brings a wave of changes and little-known tax planning opportunities for us to discuss, including new rules affecting many spousal beneficiaries starting this year! From opportunities to move 529 balances into Roth IRAs to new ways to reduce required minimum distributions (RMDs), there are...

Read More

Get the Latest IRA reports

Subscribe below to get Ed Slott's IRA Reports in your inbox.

    We respect your privacy. Unsubscribe at any time.

    “These materials have been independently produced by RFG Wealth Advisory. RFG Wealth Advisory is independent of, and has no affiliation with, Charles Schwab & Co., Inc. or any of its affiliates (“Schwab”). Schwab is a registered broker-dealer and member SIPC. Schwab has not created, supplied, licensed, endorsed, or otherwise sanctioned these materials nor has Schwab independently verified any of the information in them. RFG Wealth Advisory provides you with investment advice, while Schwab maintains custody of your assets in a brokerage account and will effect transactions for your account on our instruction.”

    Investment advice offered through RFG Wealth Advisory, a registered Investment advisor. FINRA/SIPC.


    The LPL Finanical registered representatives associated with this website may discuss and/or transact business only with residents in the states in which they are properly registered or licensed.  No offers may be made or accepted from any resident of any other state.

    Copyright © 2024 RFG Wealth Advisory. All Rights Reserved.