New Gift-Giving Vehicles for Seniors Over 70
- WHEN TO USE A SPOUSAL BENEFICIARY IRA. Putman, James E. // Journal of Financial Planning;Jul93, Vol. 6 Issue 3, p122
A decedent's retirement-plan account is often the largest asset in the estate. When qualified retirement-plan assets of a decedent are payable to a spousal beneficiary, the surviving spouse can roll over the retirement-plan distribution to an individual retirement account (IRA) and may elect to...
- DISTRIBUTION PLANNING UPDATE. Caudill, April K. // Journal of Financial Service Professionals;Mar2004, Vol. 58 Issue 2, p36
The article addresses the changes in laws affecting individual retirement account distributions in the U.S. The basic minimum distributions requirement for lifetime distributions is that the client must receive his or her first distribution by April 1 after the calendar year in which he or she...
- When you take your `lumps' explore all the options. Patrick, James M. // Westchester County Business Journal;1/15/96, Vol. 35 Issue 3, p15
Presents options for employees wishing to receive a lump sum distribution from their retirement plans when they leave a company or retire. Direct rollover into an individual retirement accounts; 60-day rollover; Partial rollover; No rollover.
- Can IRA rollovers help manage change? Thompson, Mat // Enterprise/Salt Lake City;3/04/2002, Vol. 31 Issue 37, p11
Discusses the use of individual retirement account (IRA) rollovers to manage lump-sum distributions. U.S. Internal Revenue Service's requirement that a 20 percent withholding tax be applied to all lump-sum distributions; Completion of rollovers within 60 days; Tax deferment.
- Distributing the Minimum. Smolen, Rebecca Rosenberger // Best's Review / Life-Health Insurance Edition;Mar1999, Vol. 99 Issue 11, p81
Discusses the application of minimum distribution rules to individual retirement accounts and qualified retirement plans after the death of an account owner. Background of the minimum distribution rules; Rules related to multiple beneficiaries; Conditions before a beneficiary will be permitted...
- IRS's regulations simplify retirement distributions. Blau, Joel M. // Urology Times;Oct2002, Vol. 30 Issue 10, p48
Offers advice on retirement distributions for urologists in the U.S. based on the rules of the U.S. Internal Revenue Service (IRS) for 2002. Revisions made by the IRS for required individual retirement accounts; Differences in the various types of retirement plans.
- There are a lot of reasons to be thankful. // Graham Leader;11/21/2010, Vol. 135 Issue 28, p4A
The article reports that members of traditional IRAs and employer-sponsored retirement plans would likely to receive the required minimum distributions (RMDs) in Graham, Young County, Texas.
- Expanding your insurance options with super. Breckon, Martin // Money Management;1/29/2009, Vol. 23 Issue 2, p25
The article discusses the advantage of reducing the cost of insurance premiums by using superannuation. It relates that the cost of insurance premiums can have an impact on cash flow, leaving many people with insufficient cover. It notes that the key benefit of holding insurance in...
- ASK THE EXPERT. Updegrave, Walter // Money;Sep2012, Vol. 41 Issue 8, p40
A reader question on retirement planning is considered asking if it is better to accept a lump sum payment from a pension plan or to take monthly payments of annuities. Advantages and disadvantages of both approaches are examined, particularly the risks of portfolio management of investment of...