Avoiding a penalty on early distributions from qualified plans and IRAs
Article Abstract:
The author discusses tax penalties which are applied when early distributions are made from qualified benefit plans and IRAs. Tax planning and administration methods are suggested.
Publication Name: Estate Planning
Subject: Law
ISSN: 0094-1794
Year: 2000
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IRS letter rulings provide insight into planning for IRAs
Article Abstract:
The author discusses tax planning for IRAs and focuses upon several relevant IRS letter rulings which may help to clarify IRS regulations.
Publication Name: Estate Planning
Subject: Law
ISSN: 0094-1794
Year: 2000
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A marriage of convenience: the credit shelter trust and qualified plan and IRA benefits
Article Abstract:
A credit shelter trust can be used to provide estate tax relief if qualified plan or IRA benefits are paid into it during the surviving spouse's lifetime, but proper coordination with plan/IRA minimum distribution rules is essential. Planners should also be aware of the issues surrounding the designation of a credit shelter trust as a plan/IRA beneficiary. General considerations for planning either prior to or after the client's required beginning date are also discussed.
Publication Name: Estate Planning
Subject: Law
ISSN: 0094-1794
Year: 1997
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