Strategies for required minimum distributions, rollovers, and transfers for beneficiaries of IRAs and employer-sponsored retirement plans.
The SECURE Act changed the options that are available to designated beneficiaries. But, for those who inherited IRAs and other retirement accounts in 2019, the
An eligible designated beneficiary is a designated beneficiary who, at the time of the IRA owner or plan participant’s death, is : A. the surviving
Recently issued private letter ruling (PLR) 201821008 is yet another case of a failure to properly designate a beneficiary of a retirement account. Read about
By Denise Appleby, JM, CISP, CRC, CRPS, CRSP, APA Beneficiaries could be saddled with the high cost of account owners’ failure to name beneficiaries for
By: Denise Appleby,CISP, CRC, CRPS, CRSP, APA. Written for the financial professional Clients who inherit assets held in a tax deferred retirement account, such as
By Denise Appleby,CISP, CRC, CRPS, CRSP, APA. One of the ‘for better’ perks of the ‘til death do us part’ promise made by married couples
Charity is Exception to ‘Contingent Right’, making Trust a ‘Qualified Beneficiary’| PLR 201633025 (click above to read article)
Definition A rule under which beneficiaries with inherited retirement accounts (inherited IRAs and employer sponsored retirement plans), must take their required minimum distributions over the
