Content Provider
Keebler logo
Middlebanner capstand04172024
Handout Materials
Presentation Slides
Additional Materials
Webinar Technical FAQs
Taxationofiras keebler

TAXATION OF IRAs AT DEATH

Cost $15.00
Presentation Length 1.0 hour

Recorded DateDecember 3, 2019
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

During retirement, most time and effort relating to IRA planning is focused on maintaining and growing retirement funds; Unfortunately, not enough attention is paid to the tax aspects of IRA planning and the opportunities to preserve retirement funds after death. Nevertheless, with a decent understanding of the basic IRA rules, one will be able to plan around the key issues and identify opportunities.

Moreover, dealing with an estate can be tricky enough in and of itself. Estates become exponentially more complicated when an IRA (or other qualified retirement plan) is involved. A good understanding of the rules will help you effectively help administer an estate and comply with the Code. Session highlights include:

• Understanding the foundational tax concepts of retirement distribution planning
• How to use stretch out strategies to increase wealth to future generations
• Understanding the final minimum distribution regulations- 401(a)(9) Regulations
• Designating beneficiaries under the final minimum distribution regulations
• Understanding how charitable planning and ILIT strategies can produce beneficial distribution options
• Naming a trust as a qualified designated beneficiary
• Using spousal rollovers and qualified disclaimers to maximize distribution stretch-out

Learning Objectives

  • Understand the basics regarding the ownership, control, and taxation of retirement accounts at death.

  • Understand the different post-mortem retirement account distribution options.

  • Understand the steps to help your client transfer their retirement accounts as desired and tax efficiently.

  • Understand the basic requirements to pay an IRA to trust.

  • Understand the basics regarding disclaiming an interest in an IRA and the benefit of doing so.

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin
Keebler logo

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA is a partner with Keebler & Associates, LLP, and the current chairman of the AICPA Advanced Estate Planning Conference. In 2007 he was inducted into the Estate Planning Hall of Fame of the National Association of Estate Planners & Councils. CPA Magazine has also named him one of the top 100 most influential practitioners in the United States and one of the top 40 tax advisors to know during a recession. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. 

 

Mr. Keebler frequently represents clients before the National Office of the Internal Revenue Service (IRS) in the private letter ruling process and estate, gift, and income tax examinations and appeals. He has received more than 200 favorable private letter rulings, including several key rulings of “first impression.” 

 

He is the author of over 100 articles and columns and is the editor, author, or co-author of many books and treatises on wealth transfer and taxation. Mr. Keebler has been a speaker at national estate planning and tax seminars for over 20 years, including the AICPA’s: Estate Planning, High Income, Advanced Financial Planning Conferences, ABA Conferences, NAPEC Conferences, The Notre Dame Estate Planning Conference, and the Heckerling Estate Planning Institute.

 

 User-added image  User-added image

About Our Presenter

Keebler logo
At Keebler & Associates, we are nationally recognized tax professionals in family wealth transfer, estates and retirement distribution planning. We provide tax and estate planning to high net worth individuals and families and educate financial, tax and estate professionals on cutting edge tax strategies.