IRA should have designated beneficiary for best tax result

This column first appeared in the San Antonio Express News and other Texas Hearst Newspapers on August 17, 2018. Dear Mr. Premack: My mother-in-law died (90 years old) and left a traditional IRA to her estate. She did not name beneficiaries, she has four sons, but checked the estate box. I keep getting conflicting answers,…

New IRA Roll Over Rule Explained

This column first appeared in the SA Express-News and online at MySA.com on February 18, 2015. Dear Mr. Premack: I just received a notice from the bank where my traditional IRA is invested. The notice says that “on or after January 1, 2015, you are permitted to roll over only one distribution from an IRA…