104
IRA Planning for Baby Boomers: What the Advanced Practitioner Must Know
Date
July 17, 2016
$79
Standard Price
Americans currently hold roughly $24 trillion in retirement assets. As such, a sound understanding of the rules surrounding these accounts is an absolute must for any serious practitioner. Those who understand the ins and outs of IRA planning are poised to benefit from the wave of baby boomers who are, or soon will be, tapping into their retirement assets. Conversely, those without such knowledge risk losing relevance or, worse, making the costly and irrevocable mistakes that can derail clients’ plans. In this session, participants will:
• Explore the surprisingly complex world of required minimum distributions and learn firsthand the mistakes many practitioners make
• Learn the key rules that apply when naming a trust as the beneficiary of an IRA
• Gain an understanding of post-death payout rules and analyze the planning strategies beneficiaries can use to make the most of their inheritance
Speaker
Lead Financial Planning Nerd, Kitces.com
Tracks
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