2016 Naming a Trust as the IRA Beneficiary
RA trusts should qualify as “See-through” or “Look- through” trusts.
Calculating NUA in 5 Easy Steps
NUA is short for “Net Unrealized Appreciation” of employer securities. It’s the difference between the cost basis and the market value of employer securities held inside a qualified plan such as a 401(k).
IRAs are Different
IRAs are distributed differently than all other assets both during life and death. Here's Why:
7 things your IRA custodian won't tell you
It is important to know what your IRA custodian will tell you and what they will not or cannot tell you. The I in IRA stands for individual and many times it is up to the individual to know things or keep track of them.
Calculating the Pro-Rata Rule in 5 Easy Steps
The pro-rata rule is the formula that is used to determine how much of a distribution is taxable when the account owner holds both after-tax and pre-tax dollars in their IRA(s). For the purposes of the pro-rata rule, the IRS looks at all your SEP, SIMPLE, and Traditional IRAs as if they were one.
Spousal IRAs What are They and Who Can Contribute to One
Spousal IRAs are designed to allow a working spouse to make IRA contributions for a spouse who does not have enough earned income to make their own IRA contributions.