Jacket Description:
Despite new tax "simplification" legislation, financial professionals know that grappling with tax laws regulating the nation's retirement plans is anything but simple. Now, get welcome relief with a new workshop outlining an array of simple strategies for customizing retirement plan payouts to meet each client's unique situation.
From individuals seeking income to support early retirement, to those looking to convert qualified-plan assets into inheritance vehicles, this presentation addresses the full spectrum of client needs and circumstances. In every instance, retirement specialist Frank Rainaldi explains how advisors can maximize a client's retirement assets while also minimizing client taxes and penalties -- a combination that can dramatically enhance advisor revenues, as well.
Rainaldi highlights critical guidelines and a variety of key strategies for optimizing and customizing distributions from qualified retirement plans including ...
· Taking advantage of systematic lifetime withdrawals
· Establishing a stretch-out Qualified Plan distribution
· IRA Rollover vs. tax-deferred annuity: Pros & Cons
· Incorporating Q-Tip Trusts and insurance policies into Qualified Plan asset planning
· The basics of defined benefit payout options
· Bequeathing an IRA to a charity - and so much more.
Whether you're calculating the required minimum distribution amount, or clarifying the rules regarding Qualified Plan beginning distribution dates or designated beneficiaries - you'll find all the "need-to-know" details in this comprehensive tutorial.
