From trusts to life insurance to stretch IRAs
, mastering estate planning maneuvers such as these opens doors for advisors in the mainstream boomer market.
Among the popular loopholes that will be addressed, he predicted, will be the tax-free inheritability of stretch IRAs
and 401(k)s, requiring that Roth IRAs be subjected to a required minimum distribution rule and treating all distributions from S corps and partnerships as ordinary income subject to income tax.
This graduate-level designation is conferred upon candidates who complete a one-year educational program focusing on fixed-income instruments, retirement and financial planning, taxes, Social Security, withdrawal plans, stretch IRAs
, and reverse mortgages.
He talks about stretch IRAs
and stretch Roth IRAs, which allow people to pass on their money to the next two generations.
Offer educational classes to those nearing retirement on issues related to Social Security, stretch IRAs
, and other pertinent subjects.
Topics include: earned income, IRA deductions and distributions, self- directed and stretch IRAs
, excess contributions, vesting rules for 401(k)s, transfers, health savings accounts, and unmarried and same- sex couples.
Therefore, it's important to recognize that stretch IRAs
have built-in disadvantages.
Some of the common strategies offered by professionals include charitable planning, stretch IRAs
and capital transfer strategies.
The Program covers four estate planning strategies - including Annuity Maximization, the Leveraged Credit Shelter Trust, Muni-Bond Alternative and Stretch IRAs
- providing valuable tools, information and marketing materials to help advisors meet the needs of the Boomer and affluent markets.
com provides services on Traditional IRA accounts, avoiding IRA penalties, strategic planning in stretch IRAs
and IRA real estate, IRA investments and helping to reduce your inherited and beneficiary IRA taxes in your estate assets.
For more on IRAs, see: Stretch IRAs
will likely lose estate planning appeal Traditional IRAs top retirement savings accounts How to use an IRA as a wealth transfer tool
Dozens of new resources across the full spectrum of financial planning have been added to FMA Advisor during the second quarter of 2003, including new mortgage, auto and estate tax calculators, scores of new articles relating to specialized planning areas such as Solo 401(k)s and Stretch IRAs
, and timely updates to key 2003 figures due to the newly passed 2003 Tax Act.