Quotations
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Ed Slott Quotes
«So a working couple can contribute a lot more with a Roth 401(k). Each spouse can put $15,000 into a Roth 401(k). It's an opportunity to put a lot of money away that you'll never again have to share with the government.»
Author: Ed Slott
«Now the IRS fees are higher than mine.»
Author: Ed Slott
«You used to think that you couldn't afford to make a mistake, but now it's really true. You need a ruling if you make a mistake and it can be corrected, but now it's just more important that you do things right, or that your adviser does everything right.»
Author: Ed Slott
«This way, if there are any problems, all the retirement money isn't at risk.»
Author: Ed Slott
«The rulings are like the Nielsen ratings. Everybody who goes for a ruling probably represents tens of thousands of taxpayers who have the same problem, but didn't even know they could find relief.»
Author: Ed Slott
«A simple event like that, imagine. She went to her death thinking that maybe her husband was taken care of, but it wasn't that way and now he didn't get a cent.»
Author: Ed Slott
«Every time something like this has happened in the past, people were grandfathered into the program.»
Author: Ed Slott
«There are no extensions for IRA contributions, even if you have an extension to file your tax return.»
Author: Ed Slott
«You may think you will be in a lower tax bracket later, but you don't know.»
Author: Ed Slott
«Nobody knows what future tax rates will be.»
Author: Ed Slott