Are You Ready?
The Setting Every Community Up for Retirement Enhancement (SECURE) Act will cause a major shift in intergenerational wealth transfer planning. "Stretching" IRA distributions has been an excellent method for growing accounts tax free and protecting assets from creditors. But with the new rules, both old and new estate plans will need to be examined and revised to avoid a large increase in tax liability. Do you know what you need to do? Get up to speed on the SECURE Act and discover how you should adjust your estate planning IRA strategy to protect your clients' wealth. Order today!
- Enhance your understanding of current IRA rules and the IRA stretch method.
- Dig deep into the highly-anticipated rules and their impacts on traditional estate planning techniques for IRAs.
- Understand critical do's and don'ts for designating IRA beneficiaries under the new rules.
- Uncover alternative, tax-efficient planning options for your clients' IRAs.
11:00 am to 2:15 pm Eastern Standard Time
11:00 - 12:30, Michael Mirone
- Current IRA Rules and the IRA Stretch Method
11:00 - 11:30
- Required Minimum Distributions (RMDs)
- Rollovers and Exceptions
- IRA Taxation
- The IRA Stretch Planning Approach
- Proposed Rules in a Nutshell: A Massive Change in the Paradigm
11:30 - 12:30
- SECURE (Setting Every Community Up for Retirement Enhancement) Act and RESA (the Retirement Enhancement and Savings Act)
- Maximum Age of Contributions
- Conversions of Plans into IRAs
- Changes to the Safe Harbor 401(k) Rules
- Changes to What can be Used for IRA Contribution Purposes
- Modifications to the RMD Rules
- Implications for Non-Spousal Beneficiaries
12:45 - 2:15, Diane J. Kiepe
- State and Federal Tax Implications of the Proposed Rules
12:45 - 1:15
- Beneficiary Designations: What You Need to Know and Do NOW
1:15 - 1:45
- IRA Trusts and Other Planning Alternatives Under the Current Rules vs. the Proposed Law
1:45 - 2:15
This program is designed for attorneys. Accountants, trust officers and paralegals may also benefit.