When You SHOULD Name a Trust as IRA Beneficiary
Naming a trust is not something that should be done without a clear purpose. Here are six good reasons to name a trust as an IRA beneficiary.
Using Your IRA to Buy Your First Home
You may need your IRA money to make homeownership happen, and there is a special break in the tax code that can help if you qualify.
Final Regulations Allow Separate Accounting For Trusts
The recent final required minimum distribution (RMD) regulations include a new rule change that may be beneficial for IRA owners who name trusts as beneficiaries.
New Rules Loosen or Eliminate Documentation Rules for See-Through Trusts
Learn about the new IRS rules that loosen or eliminate documentation requirements for see-through trusts named as retirement account beneficiaries.
IRS Final Regulations Loosen Definition of "Eligible Designated Beneficiary"
One of the positive outcomes of the new IRS final SECURE Act regulations on required minimum distributions (RMDs), released on July 18, is that more beneficiaries will be able to stretch RMDs over their lifetime.
IRA Custodial Rules - Kind of Like Beer Pong, In a Way
With beer pong, there are a number of permutations and in-house rules that can apply. Such is the case with IRA custodians, as there are different in-house rules for different scenarios.
What's the Process When a Trust (or Estate) is IRA Beneficiary?
Learn the key rules when a trust or estate is named IRA beneficiary—how it affects ownership, RMDs, tax treatment, and account setup.
Managing RMDs When Your IRA Investments Are Not Liquid
Learn how to handle RMDs when IRA investments are illiquid. Explore aggregation strategies, contribution options, and planning tips to avoid penalties.
One Beneficiary, Three IRAs, Three Different Payout Rules
An advisor called and said his 75-year-old client had just passed away. He had questions about the payout rules applicable to the three IRAs the client left behind: a traditional IRA, a Roth IRA, and an inherited IRA from his sister.
James Caan's Estate Gets Whacked Over the Same-Property Rollover Rule
Learn from James Caan's mistake with the IRA same-property rollover rule to avoid hefty tax penalties.
"Estate Bypass" - Spousal Rollover when the Estate is Beneficiary
An estate can become the beneficiary of a person’s IRA in a couple of ways. First, the estate could be named outright as the beneficiary on the beneficiary form. Another way an estate can become the beneficiary of an IRA is if no beneficiary is named at all.
Rules For Inherited IRAs That May Surprise Non-Spouse Beneficiaries
Discover the 7 essential rules for inherited IRAs that non-spouse beneficiaries need to know. Learn about contributions, distributions, taxes, and more.