(253) 638-7121 Rob@sprylenwealth.com

      New Code Y is Optional for 2025 QCDs

        By Sarah Brenner, JD Director of Retirement Education A few months ago, the IRS introduced a new Code Y for the reporting of qualified charitable distributions (QCDs) by IRA custodians on the 2025 Form 1099-R. The IRS has now issued guidance on its website...

      Eligible Designated Beneficiary Trivia

      By Andy Ives, CFP®, AIF® IRA Analyst TRIVIA QUESTION: John is age 40, he has a traditional IRA, and he is updating his beneficiary form. John wants to be sure that anyone he names on the form is an eligible designated beneficiary (EDB) who can leverage “the stretch,”...

      Why the Once-Per-Year Rollover Rule Is Often Misapplied

      By Ian Berger, JD IRA Analyst The IRS rollover rules are fraught with complexity. (That’s why we always recommend direct transfers instead of 60-day rollovers.) The rule with the most serious consequences is the “once-per-year” rule. Running afoul of that rule...

      IRA Trick or Treat

      By Sarah Brenner, JD Director of Retirement Education The Halloween holiday is approaching. This is the time of year when tiny ghosts and goblins will ring doorbells and ask, “Trick or Treat?” In the spirit of the season, we at the Slott Report present our very own...