Rules on plan distributions and rollovers modified by new law, but many options remain
Article Abstract:
The treatment of distributions from qualified plans and rollovers of those distributions have been changed by the Tax Reform Act of 1986. To rollover a distribution to a retirement plan, the recipient must be a plan participant or the spouse of a deceased participant, and the distribution must be transferred within 60 days of receipt of the distribution. The types of distributions and the types of qualified plans modified by the new law are discussed.
Publication Name: Taxation for Accountants
Subject: Business
ISSN: 0040-0165
Year: 1987
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Planning for retirement plan distributions is more difficult after TRA '86
Article Abstract:
The Tax Reform Act of 1986 has affected tax planning for retirement plan distributions. The new rules affect the treatment of capital gains, minimum distributions, the taxation of excess distributions, and estate taxation. Despite these changes, aggressive funding, multiple retirement plans, plan conversions, early distributions, and life insurance are still useful tax planning devices.
Publication Name: Taxation for Accountants
Subject: Business
ISSN: 0040-0165
Year: 1988
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