BawldGuy audio with Jeff Brown and our guest Chris LaSpada.

 

Topics:

1) Any exceptions to the 60 day rule for IRA rollovers? There is a new revenue procedure allowing for relief for late rollovers.

2) Are there any limits to how many times during a year a 60 day IRA rollover is permitted? Once a year (365 days not calendar year)

3) Please provide an example of poor IRA planning. Unwanted taxes on death triggered by poor planning.

4) Any other use of an IRA that the audience should be wary of? Personal loan guarantee disqualified IRA.