A practitioner's guide to IRA distributions

Article Abstract:

Understanding the complex rules governing minimum distributions from individual retirement accounts (IRA) is essential to the maximization of income tax deferral. The first IRA distribution must occur before April 1 of the year after an IRA holder turns 70.5 years old. Tax planning is necessary to determine the benefits and disadvantages to waiting until April 1 or distributing before the end of the previous year. A commercial annuity can be used to avoid some of the problems associated with IRA distributions. Life expectancy calculations and other issues are discussed.

Commercial Banks, Investment Banking and Securities Dealing, Direct Life Insurance Carriers, Life insurance, Bank Individual Retirement Accounts, Annuity Insurance, Methods, Taxation, Tax planning, Distribution, Individual retirement accounts, Retirement income, Annuities

---

Sorting through the maze of 401(k) plan contribution limits

Article Abstract:

Employee compensation through 401(k) plans is subject to many limiting rules, such as the annual $9,500 pretax deduction limit, annual compensation limit of $150,000 and the nondiscrimination limits on contributions. Contributions are also limited by any other pretax contributions made by the employee while highly compensated employees are subject to extensive rules to prevent top-heavy compensation plans. The interactions between these rules are presented but financial advisers should always read the actual laws to understand the complexity.

Retirement Benefits, Laws, regulations and rules, Compensation management, Salary reduction savings plans, 401K plans

---

Multiemployer pension plans: a basic primer

Article Abstract:

Multiemployer pension plans are established under collective bargaining contracts, and maintained by unrelated employers who generally do not have many permanent employees, as in the construction industry. These plans provide participants with portable benefits, increased benefit accrual, and allow continuous vesting as if employed by a single employer. Employers gain large economies of scale and non-competitive access to the best employees, although withdrawal liability may be a drawback for some employers.

Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Analysis

Similar abstracts:

• Abstracts: Benefits practitioners take warning: contributions of unused vacation pay to employee benefit plans raise complex issues
• Abstracts: Fiscal state aid goes global. Multinationals, enforcement covenants and fair share. Conference Report: The EU and Third Countries: Direct Taxation, 13-14 October 2006, Vienna
• Abstracts: Alternative dispute resolution: its value to estate planners. New guidance on ethics for estate planners
• Abstracts: Alternative dispute resolution: its value to estate planners. part 2 "Estate Planning Concepts" software produces impressive, customized presentations for clients
• Abstracts: Signals are mixed on employer liability for injuries caused by drunk workers. Foreseeability in a fog: uncertainty over pre-existing duties can undermine contracts

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.