Ed Slott Biography
Ed Slott is a financial expert, an Author and a public speaker. Slott was born on August 5, 1954 in Rockville Centre, New York.
Ed Slott Age
Ed was born on August 5, 1954 in Rockville Centre, New York. As per 2023, Slott is 68 years.
Ed Slott Family
Information regarding Slott’s family is not disclosed yet on the internet.
Ed Slott Wife
Slott’s private information concerning her personal interest is not yet displayed on the Internet
Ed Slott Children
Ed’s information is private and not yet diplayed on the Internet.
Ed has a net worth of approximately $5 Million as of 2023.
Ed Slott Career
Slott is famous to his financial advisers for his public public speaking and IRA training programs, including a 2-Day workshop titled Instant IRA Success and a year-long advanced IRA training membership group.
Slott is also a consumer advocate through his three public Television, which stress to the consumer the importance of working working with competent financial advisors and educating them on the steps necessary to lower their tax burden now and forever and avoid needless penalties
Lastly, Slott is a resource to contemporary newspapers and media sources for reference and insight as an expert on taxation and individual retirement accounts in the United States.
Ed Slott Books
Slott has written five books including;
- Your Complete Retirement Planning Road Map (2007
- Parlay Your IRA Into a Family Fortune (2008)
- The Retirement Savings Time Bomb and How To Defuse It (2008) (revised 2012)
- Ed Slott’s Stay Rich for Life!: Growing & Protecting Your Money in Turbulent Times (2009)
- Taxing Away Your Wealth (a special report with Harry Dent) (2009)
Ed Slott Stay Rich For Life!
Slott’s book ‘Stay Rich for Life!’ provides essential strategies to creat a great personal wealth.The book includes:
- It also provides a summary of key steps for achieving immediate and lifelong financial security
- Ed Slott’s Retirement Decisions Guide: 2010 Edition (2009)
- Expert advice for incorporating Slott’s plan into your hectic life
- Space to write down your own goals and action steps for generating wealth
- Inspirational mantras from Ed Slott to keep you focused on your goals
- Advice for how to move your money from FOREVER taxed to NEVER taxed
Ed Slott IRA
He is the presifent and employer if the IRA (Individual Retirement Accounts)
Awards and Distinction
- Ed is a past recipient of the Excellence in Estate Planning and Outstanding Service awards presented by The Foundation for Accounting Education. He is a former Board member of The Estate Planning Council of New York City.
- Slott is a past Chairman of the New York State Society of CPAs Estate Planning Committee and editor of the IRA Planning section of The CPA Journal
Edd Slott Twitter
Ed Slott News
Ask the Expert: What’s the best way to move an IRA?
Adopted from: www.newsday.com
Published: January 17, 2019
If you’ve owned a Roth IRA for five years and you’re over 59 1/2 years old, the interest is tax-free. You don’t have to report it.
It’s best to move any type of IRA as a trustee-to-trustee transfer — for example, by having Bank A transfer your money electronically to Bank B, or by having Bank A give you a check made payable to Bank B not to you. The alternative is a rollover: taking a check payable to you and depositing it within 60 days in a new IRA or Roth IRA.
The catch: You’re only allowed one IRA-to-IRA rollover every 12 months. That limit applies to IRAs and Roth IRAs in aggregate: If you do an IRA-to-IRA rollover today, you must wait 365 days before you can do another IRA-to-IRA or Roth IRA-to-Roth IRA rollover, said Ed Slott, a Rockville Centre tax accountant. (Note: The limit doesn’t apply to rollovers from IRAs to Roth IRAs, or between 401(k)s and IRAs.)
“If you did an IRA-to-IRA rollover on Nov. 10, 2018, you must wait until Nov. 10, 2019, to do another,” Slott said. “If you do a second IRA-to-IRA rollover in January 2019, it becomes a taxable distribution.” A disqualified rollover that applies to a tax-free Roth IRA would be tax-free, but not cost-free, said Slott. Next week, I’ll explain why.
It’s prudent to move IRAs between custodians in a trustee-to-trustee transfer.