After much delay and anticipation, the IRS/Treasury recently published the proposed regulations implementing the SECURE ACT.
The proposed regulations include many clarifications and refinements to the distribution rules. Every client who may die with substantial retirement account accumulations must consider revising their estate plan.
Specifically, this course will include the following:
- The new 10-year rule distribution requirements
- Exceptions to the 10-year rule and how to compute RMDs
- When the 5-year rule or “ghost” life expectancy rule might apply
- Distribution requirements after the death of a beneficiary
- New terminology, such as the “applicable multi-beneficiary trust”
- Drafting for successor or contingent beneficiaries without accelerating distributions
- When remote or contingent interests can be ignored when calculating distributions
- Surviving spouse distributions under the new rules, including when the IRA is held in trust
- Flowcharts to help you quickly process and apply the new rules
Presented By: Robert S. Keebler, CPA, MST, AEP (Distinguished)
CLE: 1.0 general credit
Approved States: CA, CO, NJ, NV, NY, OK, PA, VT
(AK, AZ, CT, MO, ND, NH, TX eligible to claim credit)
We will supply you with the information needed to apply in other states.
Contact [email protected] for CLE assistance.
WealthCounsel members: This CLE eligible program is complimentary for WealthCounsel members. Please access and view it via the member website for optimal experience and inclusion in your CLE Profile Account.
