Financial Workshop: The Top 16 IRA Rules You Must Know
Unfortunately, retirement accounts are different from regular non-retirement accounts, and they are subject to many different types of taxes and penalties upon death, which is often referred to as the “triple tax syndrome”. Although many individuals have established complex planning strategies, such as revocable living trusts, irrevocable life insurance trusts, etc., many have not addressed the complex tax and estate planning issues of retirement accounts.
A sample of the IRA rules include:
- Outstanding rollovers, transfers and QLACs
- 5-year rule confusion after death
- Creditor/bankruptcy protection of IRAs
- Year of death distribution. Who takes it?
- The two different 5-yer rules for Roth IRAs
- Spousal beneficiary designation for IRA and company plans. How they are different?
- And more
Presented in collaboration with the Los Altos Community Center and Financial Aptitude Training (FiAT).
About the Presenter: John Lau, CPA, CFP®
John is a Principal and Managing Director at Robertson Stephens’ San Ramon and Burlingame offices in the San Francisco Bay Area. John is a Certified Public Accountant (CPA) and a Certified Financial Planner® (CFP®) professional. John and his team specialize in retirement distribution planning, serving clients in or near retirement. His team uses a total-solution approach to planning, including income tax reduction, estate conservation, portfolio management, and retirement distribution planning. John is also on the advisory board to the Dean of the College of Business and Economics at California State University – East Bay.
Event Links
Tickets: https://go.evvnt.com/2908548-0
