Getting a 60-Day Rollover Waiver
- Maximizing distributions while minimizing the grandfather amount. Berman, Kevin; Geller, Sheldon M. // CPA Journal;May94, Vol. 64 Issue 5, p58
Discusses the taxation of distributions from retirement plans. Excess distributions penalty; Description of the grandfather election; Recovery of the grandfather amount through two methods; Attained age method; Discretionary method; Examples.
- An early warning system for controlled group retirement plans. Salzberg, Cheryle; Langer, David // CPA Journal;Apr96, Vol. 66 Issue 4, p58
Reports on the tax rules covering controlled group retirement plans in the United States. Possible liability of controlled group members to the Pension Benefit Guaranty Corporation (PBGC); Nature of a controlled group; Effect of common control.
- The tax time bomb. Byron, Christopher // Esquire;Jul97, Vol. 128 Issue 1, p88
Discusses information about the levies, the excess-distribution tax and excess-accumulation tax, created by Tax Reform Act of 1986 that penalize people for saving too much for their retirement. Discussion on the devastating effects of the levies; Legislators to send letters to repeal the...
- Death, taxes and your IRA. Hochberg, R. Mark // FW;3/28/95, Vol. 164 Issue 8, p110
Offers tips on how to relieve the tax burdens imposed by the Internal Revenue Service (IRS) on retirement plan distributions. Discontinuation of contributions; Deferral of part of income tax; Roll over of death benefits into an individual retirement account (IRA); Credit shelter trust;...
- Redundandy and retirement. Baxter, Harry // Accountancy;Jun75, Vol. 86 Issue 982, p60
Discusses key issues relevant to the tax treatment of payments upon the termination of employment in Great Britain. Role as a key factor in accounting; Effects on the accounting sector; Policy implications on taxation.
- Your Retirement Exit Plan. Arrowood, Janet C. // Advisor Today;Jun2000, Vol. 95 Issue 6, p22
Discusses retirement plan exit strategies in the United States that can reduce the total taxes owed by a person when he/she starts taking withdrawals. Impact of maximum deferral of current income taxes on retirement income; Tax benefits in the 1997 Taxpayer Relief Act; Transactions that can...
- Protecting Retirement Savings From Taxes. Wedin, Ron // National Underwriter / Life & Health Financial Services;5/3/99, Vol. 103 Issue 18, p21
Focuses on taxation issues surrounding retirement savings in the United States. Implication of improper planning; Time frames that need to be considered in estate planning; Details on the life expectancy distribution requirement.
- Retirement plans: Easy prey for IRS. Kelly, Terry // Grand Rapids Business Journal;6/10/96, Vol. 14 Issue 24, p14
Provides an overview on taxation for retirement plans. Federal income tax on a withdrawal; Rules for retirement plan withdrawals; Penalty amounts.
- Retirement savings and family matters. // Medical Economics;02/07/2000, Vol. 77 Issue 3, p247
Answers questions related to retirement savings taxation. Includes calculation of the amount that can be put into a defined-contribution retirement plan; Reduction in the contribution an individual is allowed to make by paying a pension plan's administrative expenses out of practice funds...