IRA Distribution Issues covered on this site:
- Medicaid and IRAs (the Roth IRA compromises Medicaid planning)
- IRA distribution factors
- working past 70
- IRA distributions at death
- retirement plan distributions and withdrawals
- tax rules and everything you want to know about taking money out of an IRA or handling a rollover.
This is principally a resource site for stockbrokers, financial planners, financial advisors, CPAs and insurance agents. IRA owners may want to visit http://www.required-minimum-distribution.com.
While retirement plan distribution and ira distribution rules have become simpler and in other ways more complex, withdrawals and the designation of beneficiaries still carry many planning opportunities for advisors and plenty of avenues for business. The financial planner educated in these issues can attract significant assets for money management and product sales because so few other advisors know anything about planning for required minimum distributions. Here's what you can learn on this site that most advisors don't know:
- The stretch IRA will fail in many cases because of mistakes that the beneficiary and custodian will make
- To optimize IRA distributions, why everyone should have their own retirement asset will (or IRA trust)
- Why it's so much better to name a trust as IRA beneficiary than a person
- That retirement funds can be used to fund the credit shelter trust
- Why it's dangerous to leave funds in a 401k after retirement and it's better to make a 401k withdrawal or rollover
- How life insurance can chop taxes on funds removed from IRAs by 50%
- Common mistakes with traditional withdrawals and IRA distributions
By having superior knowledge and a tool to market your knowledge (seminars, direct mail, advertising), you learn on this site everything you want to know about required minimum IRA distributions, how to make withdrawals with reduced tax and in the most beneficial way for your clients, how to insure the workability of a stretch, when a lump sum distribution or 72t distribution should be used and how to win business knowing the new rules.
IRA Distribution Client Newsletter
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