You could call this de facto estate planning week at The Slott Report, although we will cover plenty of other retirement planning information this week, including articles on 10-year income averaging and the latest piece in our alphabet soup series of retirement planning tips. This week's Monday video blog talks about all of those articles and mentions an important one from Sunday's Washington Post. Visit us on Facebook or Twitter to find the link to the article that offers the biggest estate planning break on record.
In the meantime, enjoy our Monday video blog.
Smart money/Coming Soon
Mailbag
Thursday's Slott Report Mailbag
Consumers: Send in Your Questions to [email protected]
Q:
Can I transfer money from my IRA to my husband's Roth IRA? I am 35, and he is 36.
Thank you!
Gail Clements
A:
No. The only way your IRA funds can be transferred to your husband’s IRA is in a divorce or after your death. Even then, it would have to be transferred to a similar IRA, for example an IRA to IRA or a Roth IRA to another Roth IRA. In this case, you cannot transfer your IRA into your husband’s Roth IRA.
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