About This Course:
You will learn how IRAs work, the benefits of IRAs, the distribution rules, when and how to convert to a Roth, how to use trusts as beneficiaries of IRAs, and planning opportunities under SECURE 2.0 and the new proposed regulations.
What You'll Learn:Understanding IRAsRoth Conversions- Benefits of the Roth Conversion
- Whether to Convert All at Once or Over Time
- Effect of SECURE 1.0 on Roth Conversions
Distribution Rules- During Lifetime
- New Rules for Designated Beneficiaries
- New Category of Eligible Designated Beneficiaries
- Planning Considerations
Trusts as Beneficiaries- Reasons to Name Trusts as Beneficiaries
- State Income Taxation
- Trust Flexibility
- Charitable Remainder Trusts
- Changes Under the Proposed Regulations