Retirement Distribution Practice Aids [Download]

• If an IRA owner or plan participant dies before taking his/her entire required minimum distribution for the year of death, what action must be taken and by whom?
• If there are multiple beneficiaries of an IRA, how does the separate share rule work?
• If a beneficiary dies during a term-certain payout period, what options are available to a successor beneficiary?
• If a Roth IRA owner dies, when must the non-spouse beneficiaries commence required minimum distributions?
• If a trust is the beneficiary of an IRA, by what date must the IRS trust documentation requirements be satisfied, and with whom?
• and more

Retirement Distribution Practice Aids includes a discussion of the need and use for each practice aid. You'll find aids on:

• Retirement Distribution Checklist
• Designation of Beneficiary – including sample forms
• Disclaimers – including practice pointers
• Income in Respect of a Decedent (IRD) – including points and practitioner tips
• Integrating Retirement Assets in an Estate Plan – including sample letters
• Power of Attorney – includes suggested provisions
• Separate Share Rule – including practice pointers and a sample letters
• IRA Distribution Rules – includes sample letter
• Advising Heirs of RMD Payout Period Letter – includes sample letter
• Trust as Beneficiary of IRA – includes sample letters and practical issues
• Spousal Rollover Letter – includes a sample letter
• Spousal Rollover and Spousal Direct Transfers – includes practice pointers
• Early Distribution Penalty – includes practice pointers
• IRS Form 5498 – includes helpful information and tips
• Just added – An appendix on Circular 230 Considerations – includes sample language, a list of additional informational resources and more!

These practice aids were developed because the author has found that many clients need the guidance of a professional adviser regarding effective planning with their retirement assets. For the most part, these practice aids are used by the author in his practice.

Note: This product is an electronic download file that will be accessible immediately after completing your purchase. Access to this file expires 90 days from purchase date. The file you will be accessing is a "self-extracting" executable file. Within this file is a folder containing a Word document and a PDF document. Each document includes all of the materials listed above. Be sure to choose Run (or Open) when accessing this product from the My Downloads page. By choosing Run (or Open), the folder will be expanded and saved to a designated location on your hard drive.

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