Handout: SECURE Act: Estate Planning for IRAs

Estate Planning for IRAs & Qualified Plans with an Emphasis on

IRAs Payable to Trusts

Presented by Robert S. Keebler, CPA/PFS, MST, AEP?

Keebler & Associates, LLP

Robert.keebler@

1 The Author wishes to thank Michelle L. Ward, JD LLM for her contribution to this outline

? 2011-2020 Keebler Tax & Wealth Education.

All Rights Reserved

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Outline

? Secure Act ? Ten Year Rule ? Foundation Concepts ? Stretch Out IRAs ? 401(a)(9) Regulations ? Charitable Planning with IRAs ? IRAs Payable to Trusts ? Disclaimer Planning ? Spousal Rollover Trap

? 2011-2020 Keebler Tax & Wealth Education.

All Rights Reserved

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SECURE ACT TEN-YEAR RULE

EFFECTIVE DATE: January 1st, 2020

? 2011-2020 Keebler Tax & Wealth Education.

All Rights Reserved

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Secure Act: 10 Year Rule

The SECURE Act basically, requires all IRAs, Roth IRAs, and Qualified Plans to be distributed within 10-

years of death.

? 2011-2020 Keebler Tax & Wealth Education.

All Rights Reserved

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Secure Act: 10 Year Rule

? Post-Death Distributions after the Secure Act:

? Non-Designated Beneficiaries

? Five-Year Rule ? "Ghost" Rule ? Guidance Needed from IRS or Treasury

? Designated Beneficiaries

? Ten-Year Rule

? Eligible Designated Beneficiaries

? Spouses ? Life Expectancy ? Minor Children ? Life Expectancy (modified) ? Disabled Beneficiaries ? Life Expectancy ? Chronically ill Beneficiaries ? Life Expectancy ? Individual not more than ten years younger than employee

? 2011-2020 Keebler Tax & Wealth Education. All Rights Reserved

IRC ? 401(a)(9)

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